Question
On which date was the Reserve Bank of India
established?Solution
The RBI was established on 1 April 1935 under the RBI Act, 1934. Headquartered in Mumbai, it is India’s central bank and regulator of the banking and monetary system. This fact is frequently tested in competitive exams.
If any person, who is required under this Act or any rules or regulations made thereunder fails to __________________ shall be liable to a penalty which...
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Section 41 of the Act deals with____.
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