In which of the following year, the Reserve Bank of India was fully nationalized and owned by the…
Under the Reserve Bank of India (Transfer to Public Ownership) Act, 1948, the Reserve Bank of India was nationalized on 1st January, 1949, becoming fully owned by the…
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In which of the following year, the Reserve Bank of India was fully nationalized and owned by the Government of India ?
Answer and explanation
Correct answer C
Under the Reserve Bank of India (Transfer to Public Ownership) Act, 1948, the Reserve Bank of India was nationalized on 1st January, 1949, becoming fully owned by the Government of India.
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