Multiple choice general knowledge

Which of the following bank was conducting transactions on behalf of British Government till 1935?

  1. Reserve Bank of India

  2. Imperial Bank of India

  3. Hindustan Bank

  4. None of these

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

The Imperial Bank of India served as the central bank for British India until the Reserve Bank of India was established in 1935. It handled government transactions, currency issuance, and banking operations on behalf of the British administration. The Imperial Bank was later renamed State Bank of India after independence.