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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:

When the Reserve Bank of India was established?

Options:

1932

1933

1934

1935

Correct Answer:

1935

Explanation:

The correct answer is Option (4) → 1935

The Reserve Bank of India (RBI) was established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934.

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