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When was the Bank of Canada established?

  1. 1920

  2. 1934

  3. 1947

  4. 1951

The correct answer is: 1934

The Bank of Canada was established in 1934. This option eliminates choices A, C, and D. Choice A is too early and choices C and D are too late. It is important to note that the Bank of Canada Act was passed in 1934, solidifying the establishment of the bank.