Multiple choice general knowledge history

What was established in Kolkata on 1st April 1935 in accordance with the provision of an act of the same name passed in 1934?

  1. General Bank of India

  2. Reserve Bank of India

  3. Bank of Hindustan

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

The Reserve Bank of India was established on April 1, 1935, with its headquarters in Kolkata (then Calcutta). It later moved to Mumbai (then Bombay) in 1937 and serves as India's central bank.

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