https://www.youtube.com/watch?v=-mG21cNAB-w The Reserve Bank of India Act, 1934 (II of 1934) governs the operations of this central bank, which started operations on April 1, 1935, under the leadership of Sir Osborne Smith. The governor was in charge of a number of tasks, including the issuance of currency, providing banking services to the government and other banks, and fostering the growth of agricultural credit and rural cooperatives.PM Modi is expected to address at 11:00 IST.
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