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Reserve bank of India was established on

  • 1st April, 1935
  • 1st April, 1936
  • 1st April, 1937
  • 1st April, 1938

Answer: Option A

Explanation:

Reserve bank of India was established on 1st April, 1935. It was nationalized on 1st January, 1949.

Similar Questions :

1. Abid Husain Committee is related to ?

  • Reform in taxes
  • Reform in government projects
  • Reform in small industries
  • Reform in middle level industries

Answer: Option C

2. Balance sheet shows

  • Assets
  • Liabilities
  • Both assets and liabilities
  • Neither of them

Answer: Option C

3. What is the mainstay of Indian economy ?

  • Manufacturing
  • Business
  • Public sector
  • Agriculture

Answer: Option D

4. India stands first in production of pulses ?

  • True
  • False

Answer: Option A

5. Industrial Finance Corporation of India (IFCI) was established in :

  • 1946
  • 1947
  • 1948
  • 1949

Answer: Option C

Explanation:

Industrial Finance Corporation of India (IFCI) was established in 1948,
Its main functions are Project Finance and Promotional services.

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