BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Headquarters of Reserve Bank of India is in
A
New Delhi
B
Mumbai
C
Kolkata
D
Chennai
Explanation: 

Detailed explanation-1: -The Central Office of the Reserve Bank was initially established in Kolkata but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated.

Detailed explanation-2: -22nd Floor, Central Office Building, Shahid Bhagat Singh Road, Mumbai-400 001.

Detailed explanation-3: -The correct answer is Mumbai. The headquarters of RBI is located in Mumbai, Maharashtra.

Detailed explanation-4: -The correct answer is option 1, i.e. Mumbai. Union Bank of India was established on 11th November 1919 with its headquarters in the city of Bombay now known as Mumbai.

There is 1 question to complete.