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Reserve Bank of India has been constituted under the:

The Reserve Bank of India Act 1934 is the statutory basis for establishing the RBI. Its operational commencement on 1 April 1935 is a different date from the Act’s year.

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Reserve Bank of India has been constituted under the:

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Correct answer C

The Reserve Bank of India Act 1934 is the statutory basis for establishing the RBI. Its operational commencement on 1 April 1935 is a different date from the Act’s year.

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