CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Where is the headquarters of Reserve Bank of India located?
A
Mumbai
B
Chennai
C
New Delhi
D
Hyderabad
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: -The Reserve Bank of India has offices at 31 locations.

Detailed explanation-3: -The Central Office of the RBI was established in Calcutta (now Kolkata) but was moved to Bombay (now Mumbai) in 1937. The RBI also acted as Burma’s (now Myanmar) central bank until April 1947 (except during the years of Japanese occupation (1942–45)), even though Burma seceded from the Indian Union in 1937.

Detailed explanation-4: -The correct answer is Mumbai. The headquarters of RBI is located in Mumbai, Maharashtra.

There is 1 question to complete.