When was Reserve Bank of India Act enacted?

6th March 1934

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1st April 1935

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5th April 1936

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26th January 1950

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Solution

The correct option is A 6th March 1934
Reserve Bank of India act was enacted on 6th March 1934. Reserve bank of India was formed according to this act.

This act along with the Companies Act, which was amended in 1936, were meant to provide a framework for the supervision of banking firms in India.

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When was Reserve Bank of India Act enacted?

The correct option is A 6th March 1934Reserve Bank of India act was enacted on 6th March 1934. Reserve bank of India was formed according to this act. This act along with the Companies Act, which was amended in 1936, were meant to provide a framework for the supervision of banking firms in India.

The correct option is A 6th March 1934
Reserve Bank of India act was enacted on 6th March 1934. Reserve bank of India was formed according to this act.

This act along with the Companies Act, which was amended in 1936, were meant to provide a framework for the supervision of banking firms in India.