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The Reserve Bank of India was established in the year

  1. A
    1930
  2. B
    1935
  3. C
    1947
  4. D
    1951

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 nationalized in 1949.

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The Reserve Bank of India was established in the year
A
1930
B
1935
C
1947
D
1951

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