Multiple Choice Questions on When was the RBI nationalised ........ for CDS Exam Preparation

Money and banking

Indian Economy (CDS)

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Indian Economy - Understanding the basics of Indian economic system

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    When was the RBI nationalised?

    1934

    Incorrect Answer

    1955

    Incorrect Answer

    1949

    Correct Answer

    1941

    Incorrect Answer
    Explanation:

    The Reserve Bank of India was nationalised with effect from 1st January, 1949 on the basis of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948.


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