In which year was The Reserve Bank of India was established?
1935
RBI Establishment Year Revealed
The Reserve Bank of India (RBI), the nation's central bank, was established on April 1, 1935.
Its establishment was recommended by the Royal Commission on Indian Currency and Finance in 1926 and was based on the provisions of the Reserve Bank of India Act, 1934.
Question Analysis: RBI Establishment
The question asks for the specific year The Reserve Bank of India was founded.
- The options provided are: 1935, 1947, 1950, 1952.
- The correct establishment year for The Reserve Bank of India is 1935.
Key Information
Establishment Year: 1935
Founding Legislation: Reserve Bank of India Act, 1934
Inauguration Date: April 1, 1935
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