GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Royal Commission on Indian Currency and Finance was also known as ____:
A
Buttler Commission
B
Hartog Commission
C
Muddiman Committee
D
Hilton-Young Commission
Explanation: 

Detailed explanation-1: -The Reserve Bank of India was set up on the basis of the recommendations of the Royal Commission on Indian Currency and Finance also known as the Hilton-Young Commission.

Detailed explanation-2: -The correct answer is Lord Reading. Lord Reading is the viceroy who appointed the ‘Hilton Young commission’ which led to the establishment of RBI. The Hilton Young Commission was appointed in 1926. It was also called the “royal commission".

Detailed explanation-3: -The correct answer is Lord Reading. Lord Reading is the viceroy who appointed the ‘Hilton Young commission’ which led to the establishment of RBI. The Hilton Young Commission was appointed in 1926.

There is 1 question to complete.