Question
In which year was the Reserve Bank of India (RBI) established?
The correct answer is
1935
The Reserve Bank of India (RBI) was established on 1st April 1935, under the Reserve Bank of India Act, 1934. Initially, it was privately owned and was nationalized later in 1949. Thus, the correct answer is 1935.
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Important Questions from Banking History or Facts
The securities and Exchange Board of India (SEBI) was established in _______.
The name of the first bank established in India was
A. Bank of Hindustan
B. Reserve Bank of India
C. Imperial Bank
D. State Bank of India
Rupee sign '₹' is a
A. Devanagari letter
B. Roman letter
C. Sanskrit Script
D. A combination of Roman & Devanagari letters
Which bank was NOT nationalized during the bank nationalization process of 1969?
Which of the following is NOT an amphibian animal?
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