The RBI India rsquo s central bank started operations in ........

Negotiable instrument Act Others

The RBI, India’s central bank started operations in_____.

1930

1935

1936

1940

- Option 1: 1930

- This is incorrect. The RBI was not established in 1930.

- Option 2: 1935

- The correct answer!

- The Reserve Bank of India (RBI) was founded on April 1, 1935, as the country’s central bank.

- Its main roles include issuing currency, managing the country's monetary policy, and regulating banks.

- Option 3: 1936

- Not the right year. By 1936, the RBI was already operational.

- Option 4: 1940

- Too late. The RBI started 5 years earlier.

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