When was RBI set up?

Question

RBI was set up in 1935 under the Reserve Bank of India Act,1934 as a private limited company. Following India's independence on 15 August 1947, the RBI was nationalized on 1 January 1949.

GKToday Admin · Accepted Answer

1935 RBI was set up in 1935 under the Reserve Bank of India Act,1934 as a private limited company. Following India's independence on 15 August 1947, the RBI was nationalized on 1 January 1949.

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