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In which year was the Reserve Bank of India established?

  1. A
    1930
  2. B
    1935
  3. C
    1940
  4. D
    1945

Solution & Step-by-step Explanation

The Reserve Bank of India (RBI) was established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934. It initially started its operations in Kolkata but was permanently moved to Mumbai in 1937.

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In which year was the Reserve Bank of India established?
A
1930
B
1935
C
1940
D
1945

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