Question
When was the Reserve Bank of India (RBI)
established?Solution
The Reserve Bank of India (RBI) was established on April 1, 1935, under the Reserve Bank of India Act, 1934, during the British colonial period. Initially set up as a private shareholders' bank, it was nationalized in 1949 after India's independence. The RBI serves as India's central banking institution, responsible for regulating the monetary and financial system, managing foreign exchange, issuing currency, and implementing monetary policy. Its establishment represented a significant milestone in organizing India's financial infrastructure, which continues to evolve with the country's economic development.
Which disaster occured at the Bengaluru’s M. Chinnaswamy Stadium on the 4th June 2025?
Recently, PM Modi received the highest civilian honour "Grand Cross of the Order of Makarios III" from which country?
- To qualify for Maharatna status, a public sector enterprise must maintain an average annual turnover exceeding what amount over the previous three years?
With which country did India sign an agreement to enhance MSME cooperation?
- Rebakanta Mahanta, awarded the Padma Shri in 2025 for his expertise in mask art, hails from which Indian state?
Who among the following is the author of the book 'Life on Mars: Collected Stories'?
Which bank launched the "GIGA" financial suite tailored for gig workers and freelancers in August 2024?
Consider the following statements about India-Indonesia bilateral trade:
1. Total trade between the countries was USD 29.4 billion in 2023-24.
The Great Bath, a remarkable structure of the Indus Valley Civilization, was discovered at:
What is the capital of Canada?
