In which month did the Reserve Bank of India enter its 90th year of operations, in 2024?

Correct option is B

The correct answer is:(b) April

Explanation:
• The Reserve Bank of India (RBI) commenced operations on April 1, 1935.
• Therefore, RBI completed 89 years on 31 March 2024 and entered its 90th year on April 1, 2024.

Information Booster:
• RBI is India's central bank, regulating currency and monetary policy.
• Nationalised in 1949.
• Current Governor (as of 2024): Shaktikanta Das
• Headquartered in Mumbai
• Controls: Inflation, money supply, repo rate, etc.
• Celebrated 75 years (Platinum Jubilee) in 2010

Additional Information:

• The first governor of the Reverse Bank of Indiaand the inaugural officeholder was the British banker Sir,Osborne Smith (April 1, 1935 - June 30, 1937).
• The first governor of RBI after Independence was Sir C.D. Deshmukh ( 11 August 1943 - 30 June 1949)
• Sanjay Malhotra is the current Governor of the Reserve Bank of India. He replaced Shaktikanta Das.
• There are currently four deputy governors Swaminathan J, M. Rajeshwar Rao, Michael Patra and T. Rabi Shankar.vv