Multiple choice

Directions: Choose the correct option for the given question:

When was Reserve Bank of India Nationalised?

  1. 1947

  2. 1948

  3. 1949

  4. 1950
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Reserve Bank of India was nationalized on January 1, 1949, under the Reserve Bank (Transfer to Public Ownership) Act, 1948.

Keep practicing — related questions