Sign in
ui-button
ui-button
When was the Reserve Bank of India taken over by the Government?
A) 1945
B) 1949
C) 1952
D) 1956
Correct answer:
B) 1949
Description for Correct answer:
After the Partition of India in August 1947, the bank served as the central bank for Pakistan until June 1948 when the State Bank of Pakistan commenced operations. Though set up as a shareholders' bank, the RBI has been fully owned by the Government of India since its nationalisation in 1949.
Please provide the error details in above question
Report Error
Recent Activities
General Knowledge
More questions and answers on- General Knowledge
Aptitude
More questions and answers on- Aptitude
Number System
More questions and answers on- Number System
Time and Distance
More questions and answers on- Time and Distance
Average
More questions and answers on- Average
Time and work
More questions and answers on- Time and work
Simple and compound interest
More questions and answers on- Simple and compound interest
Mensuration
More questions and answers on- Mensuration
Number series
More questions and answers on- Number series
Pipes and Cisterns
More questions and answers on- Pipes and Cisterns
Linear Equations
More questions and answers on- Linear Equations
Quadratic Equations
More questions and answers on- Quadratic Equations
Simplification
More questions and answers on- Simplification
Approximation
More questions and answers on- Approximation
Word problems
More questions and answers on- Word problems