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    Question

    Reserve Bank of India was set up based on the

    recommendations of which commission?v
    A Imperial Commission on Indian Currency and Finance Correct Answer Incorrect Answer
    B Royal Commission on Indian Currency and Finance Correct Answer Incorrect Answer
    C East India Commission on Indian Currency and Finance Correct Answer Incorrect Answer
    D Governors Commission on Indian Currency and Finance Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The bank was set up based on the recommendations of the 1926 Royal Commission on Indian Currency and Finance, also known as the Hilton Young Commission.

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