Multiple choice general knowledge

When was the Reserve Bank of India established?

  1. 1935

  2. 1920

  3. 1928

  4. 1947

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

The Reserve Bank of India was established on April 1, 1935, following the recommendations of the Hilton Young Commission. It was initially privately owned before being nationalized in 1948.