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Historical Event on 4/1/1935

The Reserve Bank of India was established as a Central Bank and the job of issuing notes was entrusted to this bank. The Commissioner's office which issued currency was abolished and was substituted by the Governer of the RBI. The issue offices scattered around the country came to be called as the regional offices of the Reserve Bank.

Other Historical Dates and Events
10/13/1911Ashok Kumar Ganguly, famous film actor, was born. He is the recipient of Dada Saheb Phalke Award.
9/6/1994Prime Minister Narsimha Rao meets with his counterpart Vo Van Kiet at Hanoi. Both countries decide to boost ties.
4/3/1994B. Rachaiah,Kerala Governor, takes charge of Goa.
11/21/1973Seth Govinddas, M.P. of Jabalpur, was honoured in the Central Hall of Parliament for completion of 50 years in Parliament, which was an unprecedented record.
9/14/1971Tarashankar Bandopadhyay, famous Bengali litterateur, died.
12/5/199156 JD MLA's belonging to V.P. Singh faction elect a new leader in UP.
12/31/1995Air Chief Marshal Satish Kumar Sareen PVSM, AVSM, VM, ADC., became the Air Officer Commanding, Indian Air Force. He was in this office till 31/Dec/1998.
5/6/2000Saurav Ganguly wins the Ceat International Cricketer of the Year award 1999-2000.
11/29/1988Rajiv Gandhi, grandson of Jawaharlal Nehru, resigned as Prime Minister of India, a country which had been ruled by his family for all but five of its 42 years of independence. The end of the dynasty came after elections that were both violent and inconclusive, neither Gandhi's Congress party nor the opposition National Front received a clear majority, although the latter had a few more votes. The only real winner was the fundamentalist Hindu party, Bharatiya Janata, which is now the power broker. If the National Front wants to rule, its leader V.P. Singh needs the religious group's support.
7/2/1757Nawab Siraj-ud-Daula was captured and assassinated. He was stabbed with a knife by Muhammad Beg at the instance of Miran, son of Mir Zafar.