Question

When was Reserve Bank of India established?

• A. 1955
• B. 1949
• C. 1935
• D. 1964

Hint:

Memorize key establishment dates of major institutions for quick recall.

Answer 1

The Correct Option is C

Step 1:
The Reserve Bank of India (RBI) was established on April 1, 1935, as per historical records.
Step 2:
This date marks the commencement of its operations as the central bank of India.
Step 3:
Therefore, the correct option is (C) 1935.