In which year was the Reserve Bank of India established?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 1935
| Reserve Bank of India | The Reserve Bank of India was founded on 1 April 1935 to respond to economic troubles after the First World War. |
| The Reserve Bank of India is India's central bank, responsible for the issue and supply of the Indian rupee and the regulation of the Indian banking system. | |
| It also manages the country's main payment systems and works to promote its economic development. |