January-December
April â March
October â September
July-June
Answer is Right!
Answer is Wrong!
The correct answer is (b) April â March.
The Reserve Bank of India (RBI) is the central bank of India. It was established on April 1, 1935, in accordance with the Reserve Bank of India Act, 1934. The RBI is headquartered in Mumbai, Maharashtra.
The RBI is responsible for formulating and implementing monetary policy, regulating the financial system, and issuing currency in India. It also acts as the banker to the government of India and the banker’s bank.
The RBI’s financial year is from April 1 to March 31. This is the same as the financial year of the Government of India.
The other options are incorrect because:
- Option (a) is the financial year of the Government of the United States.
- Option (c) is the financial year of the European Union.
- Option (d) is the financial year of Japan.