Gk question
What is the old name for RBI bank?
Answers
Answered by
5
Answer:
Prior to establishment of RBI in 1935, the functions of a central bank were virtually being done by the Imperial Bank of India, which was established in 1921 by merging three Presidency banks.
Answered by
1
Answer:
it was called as Central Bank of India .
Explanation:
Prior to establishment of RBI in 1935, the functions of a central bank were virtually being done by the Imperial Bank of India, which was established in 1921 by merging three Presidency banks. It was mainly a commercial bank but also served as banker to the government to some extent.
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