Economics · Banking History of India
Consider the following statements and select the correct option: 1) The Banking Regulation Act came into force in 1949. 2) The Reserve Bank of India was established on 1 April 1934.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither 1 nor 2 is correct
- 2Both 1 and 2 are correct
- 3Only 2 is correct
- 4Only 1 is correct✓
Correct answer
Only 1 is correct
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