What was the paid-up capital of the Reserve Bank of India (RBI) when it started operations in 1935?

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**Solution:**

1. The Reserve Bank of India (RBI) was established in 1935 as the central bank of India.

2. At the time of its inception, the RBI had a paid-up capital of ₹5 crores.

3. This capital was subscribed by the Government of India and private shareholders.

**Answer:** ₹5 crores

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