Multiple choice general knowledge RBI got nationalized in 1947 1949 1943 1940 Reveal answer Fill a bubble to check yourself B Correct answer Explanation RBI was nationalized on January 1, 1949, when it became fully owned by the Government of India. Before nationalization, RBI was privately owned with shareholders. 1947 was India's independence year, while 1943 and 1940 are unrelated dates.