Multiple choice

The Reserve Bank of India was nationalised in the year

  1. 1935

  2. 1949

  3. 1954

  4. 1969

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

The Reserve Bank of India was established in 1935, but it was nationalized on January 1, 1949, following the passage of the RBI (Transfer to Public Ownership) Act, 1948.