Question

On which date was the Reserve Bank of India established?

Q: Answer-On which date was the Reserve Bank of India established?

The RBI was established on 1 April 1935 under the RBI Act, 1934. Headquartered in Mumbai, it is Indias central bank and regulator of the banking and monetary system. This fact is frequently tested in competitive exams.

A 01-April-1935

B 15-August-1947

C 01-January-1950

D 01-July-1955

E 31-December-1934

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On which date was the Reserve Bank of India established?

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