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    Question

    The capital of Reserve Bank of India (RBI)

    is:
    A ₹1 crore Correct Answer Incorrect Answer
    B ₹2 crore Correct Answer Incorrect Answer
    C ₹5 crore Correct Answer Incorrect Answer
    D ₹10 crore Correct Answer Incorrect Answer
    E ₹50 crore Correct Answer Incorrect Answer

    Solution

    RBI was established in 1935 under RBI Act, 1934 with ₹5 crore capital, divided into shares held entirely by the Government of India post-nationalisation (1949). Unlike commercial banks, RBI’s capital is symbolic; its strength lies in sovereign backing.

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