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Indian economy miscellaneous

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Indian economy miscellaneous
  1. When was RBI established?
    1. 1943
    2. 1935
    3. 1939
    4. 1936
Correct Option: B

The Reserve Bank of India (RBI) was founded on 1 April 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. Following India’s independence on 15 August 1947, the RBI was nationalised on 1 January 1949.


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