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Hilton-Young Commission fixed rupee-sterling rate

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1. 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? [UPSC CSP 2026, GS Paper I]

Providing support to Indian importers

Aiding the flow of remittances from India and maintaining India’s creditworthiness

Preventing depreciation of the Rupee in terms of gold

Encouraging export of cotton produce from India

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Hilton-Young Commission fixed rupee-sterling rate

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