Multiple Choice Questions on The Reserve Bank of India Act was enacted in which year ........ for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

The Reserve Bank of India Act was enacted in which year ........

Current GK ( Master) Banking Awareness
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    The Reserve Bank of India Act was enacted in which year?

    1934

    Correct Answer

    1935

    Incorrect Answer

    1936

    Incorrect Answer

    1947

    Incorrect Answer
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    Explanation:

    Reserve Bank of India Act, 1934 is the legislative act under which the Reserve Bank of India was formed. This act along with the Companies Act, which was amended in 1936, were meant to provide a framework for the supervision of banking firms in India.

    By: Samar Thakur
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