The artificially fixed rupee-sterling exchange rate prescribed by the Hilton-Young Commission (1926) was…

Question

The artificially fixed rupee-sterling exchange rate prescribed by the Hilton-Young Commission (1926) was adopted by the British Government for which one of the following reasons ?

Accepted Answer

Aiding the flow of remittances from India and maintaining India's creditworthiness

Answer

Providing support to Indian importers

Answer

Encouraging export of cotton produce from India

Answer

Preventing depreciation of the Rupee in terms of gold

UPSC Prelims 2026 Question 70 of 71

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