Consider the following statements regarding the Reserve Bank of India (RBI): 1. RBI was established in 1935. 2. RBI was established on the recommendations of the Hilton Young Commission. 3. RBI was nationalised in 1959. Which of the above statements are correct?
Related questions
Which of the following statements is not correct regarding the Reserve Bank of India?
RBI & Monetary PolicyConsider the following statements: 1. The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government. 2. Certain provisions in the Constitution of India give the Central Gover…
RBI & Monetary PolicyConsider the following statements : 1. In India, credit rating agencies are regulated by Reserve Bank of India. 2. The rating agency popularly known as ICRA is a public limited company. 3. Brickwork…
RBI & Monetary PolicyConsider the following statements: 1. The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities. 2. Treasury bills are issued by the Govern…
RBI & Monetary PolicyWith reference to the rule/rules imposed by the Reserve Bank of India while treating foreign banks, consider the following statements: 1. There is no minimum capital requirement for wholly owned bank…
RBI & Monetary Policy