Multiple choice

When was RBI established?

  1. 1935

  2. 1920

  3. 1925

  4. 1948
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Reserve Bank of India was established on April 1, 1935, as per the provisions of the RBI Act, 1934. Option A is correct with the year 1935. The RBI was initially headquartered in Calcutta and later moved to Mumbai. India became independent in 1947, and RBI was nationalized in 1949.

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