Solution:The salient features of the Government of India Act, 1935 were-
(i) Dyarchy was introduced at the Central level. Provincial Dyarchy, as envisaged in the Government of India Act, 1919, was abolished. Central subjects were divided into-Reserved and Transferred subjects.
(ii) The Government of India Act, 1935 proposed to set up All India Federation comprising of the British India Provinces and the Princely States.
(iii) The supremacy of the British Parliament remained in Act under the Government of India Act, 1935.
(iv) Burma was separated from India with effect from April, 1937
(V) The Government of India Act, 1935 abolished the Council of the Secretary of State for India, which was created in 1858.
(vi) The Federal Court of India was established on 1 October, 1937, Sir Maurice Gwyer was its first Chief Justice.
(vii) The Central Federal Bank was established under this Act which was later known as the Reserve Bank of India (RBI)