Multiple choice general knowledge

The Reserve Bank of India was established on

  1. May 1,1932

  2. January 5, 1937

  3. April 1, 1935

  4. Dec 10, 1939
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Reserve Bank of India was established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934. It began its operations by taking over from the Government of India its functions of managing currency and credit.

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