1 View

Question : Reserve Bank of India was nationalised in:

 

Option 1: 1947

Option 2: 1948

Option 3: 1949

Option 4: 1951


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 13th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: 1949


Solution : The correct answer is 1949.

RBI was established under the Reserve Bank of India Act 1934. It was established on the recommendation of Hilton Young Commission also known as Royal Commission on Indian Currency and Finance. It was nationalised on 1st January 1949 on the basis of Reserve Bank of India (Transfer of Public Ownership) Act, 1948. Sir C D Deshmukh became the first governor of RBI after nationalisation. Presently Mr. Shashikanta Das is serving as the Governor of RBI.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

Parul University BBA Admissio...
Apply
India's youngest NAAC A++ accredited University | NIRF rank band 151-200 | 2200 Recruiters | 45.98 Lakhs Highest Package
UPES Dehradun | B.Com Admissi...
Apply
#41 in NIRF | 50 LPA Highest CTC, Ranked #1 in Academic Reputation in India by QS World University Rankings
UPES Dehradun BA Admissions 2025
Apply
Ranked #46 amongst Universities in India by NIRF | Ranked #1 in Academic Reputation in India by QS World University Rankings
UPES | BBA Admissions 2025
Apply
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships
Pearl Academy BBA 2025
Apply
No. 1 Design & Fashion Institute by ASSOCHAM, India Today, Outlook and The Week rankings
Woxsen University BBA (Hons.)...
Apply
AACSB, Business Graduates Association, AMDISA Member | Merit-Based Scholarships
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books