When was RBI established?

Check All Courses

Question

When was RBI established?

Options:

A . 1935

B . 1943

C . 1939

D . 1936

Answer: Option A
Answer: (a)
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.

Was this answer helpful ?

Next Question

Submit Comment/FeedBack

More Questions on This Topic :

Question 1. An economy with very low rate of interest and where economic agents expect the interest rate to rise in future and conse....in the economy is going through a situation known as

Question 2. The supply-side economics lays greater emphasis on the point of view of :....

Question 3. In the context of the Indian economy; which of the following is/are the purpose/purposes of ‘Statutory Reserve Req....day-to-day requirements Select the correct answer using the code given below.

Question 4. The food stocks that are built up during the years of bumper harvest are called : ....

Question 5. Which one is not included in NonBanking Financial Institutions (NBFIs)? ....

Question 6. Agricultural income tax is a source of revenue to....

Question 7. Which of the following institution deals with credit to agriculture and rural development ?....

Question 8. Which of the following steps that will result in containing inflation? Increasing Cash Reserve Ratio (CRR) Decreasin....and sugar. Select the correct answer using the codes given below:

Question 9. Cochin refineries is in : ....

Question 10. Over use of resource is called “Tragedy of Commons”. It was propounded by: ....

Latest Videos

Chapter 1 - GLOBAL STEEL SCENARIO & INDI Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Latest Test Papers

Chapter 3.1 : Overview of Finance & Acco Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024

Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024

Chapter 1.1 : Personnel Functions- An ov Chapter 1 : Personnel Management SAIL E0 - GFM 2024

GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024

CBT Mixed Test 1 GPOE/GPA SAIL E0 2024