Which is the central bank of India Mcq?

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.

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​The Reserve Bank of India was established on 1st April 1935. It is the central bank of India that controls all the banks in the country.

Minimum balance of Rs. 50/- No service charges for non maintenance of the minimum balance. 50 (Fifty) withdrawals per year free of charge.