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    Question

    What basis led to the establishment of the Reserve Bank

    of India?
    A Keynes Commission Correct Answer Incorrect Answer
    B Hilton Young Commission Correct Answer Incorrect Answer
    C Warren Commission Correct Answer Incorrect Answer
    D Wood's Despatch Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India was established based on the recommendations of the Hilton Young Commission (1926 Royal Commission on Indian Currency and Finance), which aimed to address post-World War I economic difficulties.

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