#moj_content * #भारतीय Reserve Bank (RBI) was established on 1 April 1935, and Dr. b. R. Recommendations given to Hilton Young Commission for establishing this bank were important, Dr. CONTRIBUTION OF Ambedkar #Dr. Ambedkar did the first PhD from London School of Economics on Indian Rupees and Economic History. The Problem of Rupee-It's Origins and It's Solution was discussed in detail about the invaluation and problems of Indian Rupee More solutions were also suggested in 1926 Hilton Young Commission was sent to India because after the first World War The condition of Indian currency was bad, Dr. Ambedkar presented the concept of a bank like RBI based on his book in front of Hilton Young Commission, Hilton Young Commission had proposed to establish RBI on the basis of #बाबा’s recommendations, RBI’s Establishment, Indian Reserve RBI was established on 1 April 1935 according to the provinces of Bank Act 1934, RBI's Central Office Calcutta which was later relocated to Bombay in 1937, RBI's nationalization on January 1, 1949 It has been done, and since then India's government.