The Reserve Bank of India was established in the year _________.
A
1947
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B
1951
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C
1935
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D
1969
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Solution
The correct option is A 1935 The Reserve Bank of India was established on 1st Apr,1935 Kolkata.
The Reserve Bank of India is India's central bank, which controls the issue and supply of the Indian rupee. RBI is the regulator of entire Banking in India. RBI plays an important part in the Development Strategy of the Government of India