The 'Reserve Bank of India' was nationalized in which year? MCQ with Answer and Explanation

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The 'Reserve Bank of India' was nationalized in which year?

A. 1947

B. 1950

C. 1955

D. 1949

Answer: Option D

Solution (By JKSSB Mock Tests)

The RBI was nationalised on 1 January 1949.

This question belongs to: History GK Modern History of India

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Question #1

The 'Ilbert Bill' controversy (1883) was about?

A. Increasing the age of marriage

B. Indianisation of ICS

C. Press freedom

D. Giving Indian magistrates jurisdiction over European offenders

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Correct Answer: Option D

Explanation:
The Ilbert Bill sought to allow Indian judges to try European criminals, causing a backlash from the European community.

This question belongs to: History GK Modern History of India

Question #2

The 'Congress Socialist Party' was formed in 1934 within the Congress under the leadership of?

A. Jayaprakash Narayan, Acharya Narendra Deva, and Minoo Masani

B. M. N. Roy and S. A. Dange

C. Subhas Chandra Bose and Jawaharlal Nehru

D. P. C. Joshi and Ajoy Ghosh

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Correct Answer: Option A

Explanation:
The Congress Socialist Party (CSP) was founded in 1934 by Jayaprakash Narayan, Acharya Narendra Deva, and Minoo Masani to infuse socialist ideals into the Indian freedom movement.

This question belongs to: History GK Modern History of India

Question #3

The 'Mountbatten Plan' for the partition of India was announced in:

A. July 1947

B. June 1947

C. May 1947

D. March 1947

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Correct Answer: Option B

Explanation:
The Mountbatten Plan, proposing the partition of India, was announced on June 3, 1947.

This question belongs to: History GK Modern History of India

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