Multiple choice general knowledge

RBI was nationalized in?

  1. 1935

  2. 1949

  3. 1950

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

The Reserve Bank of India was nationalized on January 1, 1949, when it became fully owned by the Government of India. It was originally established as a private entity in 1935, and nationalization transferred all shares from private shareholders to the government, making it a central bank fully under state control.

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