📝 One-liners · 66 cards
Banking Laws RBI Act and Br Act
In which year was the Reserve Bank of India established?
The Reserve Bank of India was established on April 1, 1935, under the Reserve Bank of India Act, 1934.
In which year was the Banking Regulation Act enacted?
The Banking Regulation Act was enacted in 1949.
Under which Act is the Reserve Bank of India currently governed?
The RBI is governed by the Reserve Bank of India Act, 1934, which provides the statutory framework for its functions and powers.
What is the full form of RBI?
RBI stands for Reserve Bank of India.
🔒
Unlock 66 revision one-liners
Interactive flashcard deck — flip every card to drill questions and answers, mark the ones you got wrong, and revise smarter for Banking Laws RBI Act and Br Act.
🪙
Unlock cost
300 coins
30-day access · re-unlocks free for 30 days