Multiple choice

Reserve Bank of India was set up in

  1. 1923

  2. 1935

  3. 1947

  4. 1951
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Reserve Bank of India was established on April 1, 1935, following the recommendations of the Hilton Young Commission. It was initially privately owned before being nationalized in 1949. Option B (1935) is the correct answer.

Keep practicing — related questions