In which year was the Reserve Bank of India established?

1935

The correct answer is Option (3) - 1935

The Reserve Bank of India (RBI) was established in 1935 during British rule in India. It was established to oversee the monetary policy of the country, regulate the banking sector, and manage the issuance of currency. The RBI plays a crucial role in maintaining price stability and ensuring the stability of the financial system in India. Since its establishment, the RBI has evolved into one of the most important financial institutions in the country, playing a key role in shaping India's economic policies and development.