Some Facts About RBI

1.When did Reserve Bank of India (RBI) formed? Answer: 1935 april 1 2. When did Reserve Bank of India (RBI) Nationalised ? Answer: 1949 3. Where was the first Headquarters of Reserve Bank of India (RBI) ? Answer: Kolkata 4. When did the Headquarters of Reserve Bank of India (RBI) moved to Mumbai ? Answer: 1937 5. Who was the First Reserve Bank of India (RBI) Governor ? Answer: Sir Osborne Smith 6. Who was the first Indian RBI Governor ? Answer: C.D.Deshmukh * 7. Which Commission recommended the formation of Reserve Bank of India (RBI) ? Answer: Hilton Young Commission (Royal commission) * 8. Which is the central bank in India ? Answer: RBI * 9. Which bank is known as Banker's Bank ? Answer: Reserve Bank of India (RBI) * 10. Who introduced the Banking Ombudsman Scheme ? Answer: Reserve Bank of India