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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. First five year plan was based on ?

  • Herold -Domar Model
  • P.C. Mahalanobis Model
  • Both of above
  • None of above

Answer: Option A

Explanation:

Second five year plan (1956-1961) was based on P.C. Mahalanobis Model.

2. India is largest producer of Sponge Iron in the world ?

  • True
  • False

Answer: Option A

Explanation:

When ever there is question of True and False, most of times its answer is True, why so? :)

3. Which Indian got Nobel Prize for Economics ?

  • Teressa
  • Amarthiya Sen
  • C.V.Raman
  • None of above

Answer: Option B

4. Exise duty is imposed on

  • Sale of an item
  • Production of an item
  • Consumption of an item
  • All of above

Answer: Option B

Explanation:

Exise duty is imposed on Production of an item so it is a commodity tax.

5. Industrial Credit and Investment Corporation of India (ICICI) was established in :

  • 1989
  • 1990
  • 1991
  • 1992

Answer: Option C

Read more from - Indian Economy Questions Answers
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