Multiple choice

Directions: Choose the correct option for the given question.

RBI was nationalised in

  1. 1959

  2. 1947

  3. 1945

  4. 1949

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Reserve Bank of India was nationalized in 1949, though it was established in 1935. Nationalization meant that RBI became fully owned by the Government of India, bringing it under state control.