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Question : In which year was the RBI of India established under the Reserve Bank Act?

Option 1: 1960

Option 2: 1947

Option 3: 1935

Option 4: 1957


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Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: 1935


Solution : The correct option is 1935.

The Reserve Bank of India (RBI) is the central bank of India. It was founded on April 1, 1935, through the Reserve Bank of India Act. The RBI oversees the country's money and financial system. Its key goals are to keep the Indian rupee stable and promote economic growth.

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