Question
In which year was the Reserve Bank of India established?
The correct answer is
1935
Reserve Bank of India Establishment Year
The Reserve Bank of India (RBI) is India's central bank.
It was established based on the recommendations of the Hilton Young Commission.
The Reserve Bank of India Act, 1934, provided the legal framework for its establishment.
The RBI commenced its operations and was officially established in the year 1935.
- Established Year: 1935
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Important Questions from Money and Banking
Match List I with List II :
List I
Indian Notes (New Currency)
List II
Pictures
(A) ₹10 (I) Ellora Caves (B) ₹100 (II) Konark, Sun Temple (C) ₹500 (III) Rani Ki Vav (D) ₹20 (IV) Red Fort Choose the correct answer from the options given below :
- In which year was the 'Reserve Bank of India' established?
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