Civil Services Examination · प्रश्न 2

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?

1. AAiding the flow of remittances from India and maintaining India's creditworthiness
2. BProviding support to Indian importers
3. CEncouraging export of cotton produce from India
4. DPreventing depreciation of the Rupee in terms of gold