Multiple choice

Directions: Choose the correct option for the given question.

When was 'The Reserve Bank of India Act' passed?

  1. March 6, 1930

  2. March 6, 1934

  3. March 6, 1935

  4. March 6, 1937

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Reserve Bank of India Act was passed on March 6, 1934. This Act established the RBI as India's central bank and came into force on April 1, 1935. The date March 6, 1934 is historically accurate.

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