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GK (Economics)
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R.B.I. was nationalised in the year
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A
1949
💡 Explanation:
The Reserve Bank of India (RBI) was nationalized on January 1, 1949, under the RBI Act, 1948. Prior to this, it was privately owned with shareholders. The RBI was originally established in 1935. Nationalization gave the government complete control over India's central banking and monetary policy functions.