What was the paid-up capital of the Reserve Bank of India (RBI) when it started operations in 1935?

₹2 crores
₹5 crores
₹10 crores
₹15 crores

Correct answer: ₹5 crores

Solution

The Reserve Bank of India started operations in 1935 with a paid-up capital of ₹5 crores. This is a frequently asked banking awareness fact.

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