In which year was the Reserve Bank of India established?
A. 1947
B. 1935
C. 1949
D. 1969
1 answer
Best answer
Answer: B. 1935
Answer: (B) 1935
The RBI was set up on 1 April 1935 under the RBI Act, 1934. It was nationalised on 1 January 1949; 1969 is the year of the first bank nationalisation.
Doubtly AI
· 27 Oct 2026
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