Question
Which financial institution was founded in 1935 following
recommendations from the Hilton-Young Commission?Solution
The Reserve Bank of India (RBI) was established in 1935 based on the recommendations provided by the Hilton-Young Commission of 1926. The RBI Act of 1934 created the framework for its formation. Initially established as a privately owned institution, it was nationalized in 1949 following India's independence. As India's central bank, the RBI plays a crucial role in monetary policy development, currency issuance, and financial regulation.
The National Health Authority (NHA) announced 100 microsite projects to accelerate the adoption of the Ayushman Bharat Digital Mission (ABDM) nationwide...
- On which date was 'World Veterinary Day' recently observed?
- Which state team emerged victorious in the 15th Hockey India Senior Men National Championship 2025?
In 2024, when Australia secured their fourth title by defeating India in the final, which edition of the ICC Under-19 Men's Cricket World Cup was it?
- Which Indian Prime Minister was the first to lead a coalition government at the national level?
- On which date is Zero Discrimination Day observed annually across India?
Where is the Guru Ghasidas-Tamor Pingla Tiger Reserve located?
Match the following initiatives with their objectives:
- According to Ashokan Inscriptions, which of the following was NOT a provincial center in the Mauryan Empire?
Where is the 9th Garuda Shakti 2024 exercise conducted?
Relevant for Exams:
