JKSSB Mock Tests

The central bank of India or Reserve Bank of India was created before Independence, in the year 1934. The recommendation to create a central bank was made by a commission called:

A. Simon Commission
B. Hunter Commission
C. Cabinet Mission
D. Hilton Young Commission
Answer: Option D
Solution (By JKSSB Mock Tests Team)
The Reserve Bank of India was conceptualized according to the guidelines presented by the Hilton Young Commission, also known as the Royal Commission on Indian Currency and Finance.
This Question Belongs to: General knowledge mcqs Economics set 1

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