India got its Central bank in which year

CUET Preparation Today

Start Free Mocks

Home Questions HNEJJ9AQNU

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:

India got its Central bank in which year?

Options:

1935

1947

1948

1950

Correct Answer:

1935

Explanation:

The correct answer is Option 1: 1935

India got its central bank in 1935. Its name is the ‘Reserve Bank of India’.