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The Central Bank & Monetary Policy · Question 2 of 58

Question 2

EasyOriginal question

The Reserve Bank of India began operations in

Options for question 2

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. The RBI started on 1 April 1935; it was nationalised in 1949.

Worth noting

1949 is the year of nationalisation, not the start.

Concept
When the RBI began
Typical time
40 s
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The rule this testsFunctions of the central bank
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