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    Question

    The Reserve Bank of India was established

    in:
    A 1935 Correct Answer Incorrect Answer
    B 1947 Correct Answer Incorrect Answer
    C 1950 Correct Answer Incorrect Answer
    D 1919 Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the Reserve Bank was initially established in Kolkata but was permanently moved to Mumbai in 1937.

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