Question

The Reserve Bank of India was established in:

A 1930 Correct Answer Incorrect Answer
B 1951 Correct Answer Incorrect Answer
C 1948 Correct Answer Incorrect Answer
D 1935 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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