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In which year was The Reserve Bank of India was established?

  1. A
    1935
  2. B
    1947
  3. C
    1950
  4. D
    1952

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 as a private shareholder's bank and was later nationalized in 1949.

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In which year was The Reserve Bank of India was established?
A
1935
B
1947
C
1950
D
1952

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Indian EconomyBankingRBI

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