Question
Reserve bank of India was nationalised in :
Answer: Option B
Answer: (b)
The Reserve Bank of India was nationalised on 1 January 1949 under the Reserve Bank (Transfer of Public Ownership) Act, 1948.
Since then, RBI started working as a government-owned central bank of India. It was founded on 1 April 1935.
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Answer: (b)
The Reserve Bank of India was nationalised on 1 January 1949 under the Reserve Bank (Transfer of Public Ownership) Act, 1948.
Since then, RBI started working as a government-owned central bank of India. It was founded on 1 April 1935.
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