GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Reserve Bank of India was established on ____
A
April 1, 1935
B
April 12, 1939
C
July 12, 1982
D
May 26, 2006
Explanation: 

Detailed explanation-1: -The Reserve Bank of India was established on April 1, 1935, in accordance with the provisions of the: Reserve Bank of India Act, 1934 . The Central Office of the Reserve Bank was initially established in Kolkata but was permanently moved to Mumbai in 1937.

Detailed explanation-2: -The Reserve Bank of India (RBI) was established in 1935 as the Central Bank of the Country. Chandra Kala and 1, 197 others like this.

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