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Reserve Bank of India, which acts as a b...

Reserve Bank of India, which acts as a banker to the Central Government, was established on:

A

1st April 1935

B

1st April 1948

C

1st April 1950

D

1st April 1945

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The correct Answer is:
A
Reserve Bank of India, which acts as a banker to the Central Government, was established on 1st April 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934.
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