What is the establishment date of the Reserve Bank of India?
Understand the Problem
The question is asking for the specific date on which the Reserve Bank of India (RBI) was established. This involves recalling historical information regarding the RBI's founding.
Answer
1 April 1935
The Reserve Bank of India was established on 1 April 1935.
Answer for screen readers
The Reserve Bank of India was established on 1 April 1935.
More Information
The Reserve Bank of India was established as per the Reserve Bank of India Act, 1934. It was initially headquartered in Kolkata but later moved to Mumbai.
Sources
- Reserve Bank of India - Wikipedia - en.wikipedia.org
- Brief History - RBI - rbi.org.in
- The Reserve Bank of India (RBI): What It Is and How It Works - investopedia.com
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