On 26 March 2025, where was the 8th State Level Coordination Committee (SLCC) meeting conducted by the Reserve Bank of India (RBI)?​

Correct option is B

The correct answer is: (b) Gangtok

Explanation:
• The 8th SLCC meeting by the RBI was held at the Tashiling Secretariat in Gangtok, Sikkim on 26 March 2025.
• The meeting was chaired by the Chief Secretary of Sikkim and aimed at addressing financial frauds and enhancing public awareness.
• RBI leads such meetings to coordinate efforts with state authorities, police, and regulators to curb illegal financial activities.

Information Booster:
• SLCCs are set up in each state to tackle unauthorized financial activities and monitor NBFCs and unregulated entities.
• They include officials from RBI, SEBI, IRDAI, state police, and others.
• RBI conducts SLCC meetings regularly to ensure financial consumer protection.
• Gangtok is the capital of Sikkim and hosts several regional regulatory meetings.
• The RBI’s focus in SLCCs is financial literacy and curbing Ponzi and MLM schemes.

Additional Information:
• Imphal is the capital of Manipur and a northeastern banking hub but not the venue for this meeting.
• Guwahati is a major RBI regional office city in Assam but did not host the 8th SLCC in March 2025.
• Kolkata is the headquarters of the RBI's East Zonal office, yet this meeting was held in Sikkim, not West Bengal.
• Gangtok, being a smaller capital, shows RBI’s outreach to all states including hilly and remote regions.