Solved UPSC CDS/OTA Question
A solved UPSC CDS/OTA PYQ — decoded step-by-step.
Solve it the standard way once — then learn the shortcut.
Q · RBI and Its PoliciesMedium · 45s
Consider the following statements regarding the Reserve Bank of India (RBI): 1. The RBI was established on the recommendation of the Hilton Young Commission. 2. It was nationalised in 1949. 3. The RBI is a shareholder-owned company. Which of the above statements is/are correct?
TopicRBI and Its Policies
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Q 1 / 30Next question →
Step-by-Step Solution
The complete worked solution.
Every step explained — no skipped algebra.
Statements 1 and 2 are correct. RBI is not a shareholder-owned company after nationalization in 1949.
Final Answer: Option A — 1 and 2 only