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In which year was the Reserve Bank of India established?
1942
1932
1947
1935
- The Reserve Bank of India (RBI) is the central bank of India.
- Correct Answer: Option 4 - 1935
- The RBI was officially established on April 1, 1935, under the Reserve Bank of India Act, 1934.
- Option 1 - 1942: This date is incorrect. The RBI was already functioning by then.
- Option 2 - 1932: Incorrect. The RBI was created a few years later.
- Option 3 - 1947: Incorrect. This is the year India gained independence, but the RBI was established prior to this year.
By: santosh ProfileResourcesReport error
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