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:
- The RBI formulates and implements India's monetary policy.
- The RBI is the sole authority for issuing and managing the currency in India.
- The RBI manages the foreign exchange reserves of India and works to stabilize the rupee's exchange rate in the international market.