When did the Reserve Bank of India come into existence?

2016

When did the Reserve Bank of India come into existence?

  1. A.

    1st April, 1935

  2. B.

    1st April, 1939

  3. C.

    26th November, 1949

  4. D.

    1st July, 1950

Attempted by 30 students.

Show answer & explanation

Correct answer: A

Answer: 1 April 1935 Established on 1 April 1935 under the Reserve Bank of India Act, 1934.

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