Commissions Forum Flashcards
Commission Name & Chairman
Details & Viceroy/Governor-General
Herschell Committee & Lord Herschel
To give suggestions regarding minting of currency, i.e., ending free coinage of silver and adoption of gold standard, Lord Lansdowne
Royal Commission on Indian Expenditure & Lord Welby
To investigate charges between GOI and Britain, Dadabhai Naoroji was a member, Gokhale deposed before it, Lord Elgin
Indian Currency Committee & H. Fowler
To give suggestions on currency, recommended the introduction of a full-fledged gold standard, declared pound as legal tender in India, Lord Elgin
Royal Commission on Indian Finance and Currency & Austin Chamberlain
Abandoned the ideal of a gold standard based on a gold currency as recommended by Fowler, No action taken due to war, Lord Hardinge
Maclagan Committee & Sir Edward Maclagan
Recommended establishment of provincial co-operative banks, Lord Hardinge
Indian Exchange and Currency Committee & Babington Smith
To examine the effects of war on Indian exchange and currency system, Lord Chelmsford
Indian Retrenchment Committee & Lord Inchcape
To help India’s finances by reducing expenditure, especially on military, Suggestions on maintaining a stable gold exchange standard, Lord Reading
Royal Commission on Indian Currency and Finance & Lt. Comdr. Edward Hilton Young
To examine and report on the Indian exchange and currency system and practice, to consider whether any modifications are desirable in the interests of India, Recommended establishment of RBI, Lord Reading