History of Reserve Bank of India

Here are some MCQs on History of Reserve Bank of India

1. When was the Reserve Bank of India (RBI) established?

a) 1935

b) 1947

c) 1956

d) 1969

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2. Who was the first Governor of RBI?

a) C. D. Deshmukh

b) Benegal Rama Rau

c) James Braid Taylor

d) Osborne Smith

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3. What is the main objective of RBI?

a) Price stability

b) Economic growth

c) Employment generation

d) Poverty eradication

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4. Which committee recommended the establishment of RBI?

a) Hilton-Young Commission

b) Gadgil Committee

c) Fazal Ali Committee

d) Narasimham Committee

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5. RBI was nationalized in which year?

a) 1948

b) 1956

c) 1969

d) 1980

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