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Where is the headquarters of the Reserve Bank of India located?
Question

Where is the headquarters of the Reserve Bank of India located?

A.

Chennai

B.

Mumbai

C.

Kolkata

D.

New Delhi

Correct option is B

The correct answer is option (B) Mumbai

  • The headquarters of the Reserve Bank of India (RBI) is located in Mumbai, Maharashtra.
  • The RBI, established in 1935, is the central bank of India, responsible for regulating the country's monetary policy, managing foreign exchange, and overseeing the banking system.

Information Booster :-

  • Key Roles and Functions of RBI:
  1. The RBI formulates and implements India's monetary policy.
  2. The RBI is the sole authority for issuing and managing the currency in India.
  3. The RBI manages the foreign exchange reserves of India and works to stabilize the rupee's exchange rate in the international market.​

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