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Madhya Pradesh Police Exam Model Paper 9
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© examsnet.com
Question : 32
Total: 100
The Headquarters of RBI is located in ______.
Delhi
Kanpur
Mumbai
Nasik
Validate
Solution:
The Correct Answer is
Mumbai
.
The Reserve Bank of India was established on
April 1, 1935
, in accordance with the provisions of the Reserve Bank of India Act, 1934.
The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to
Mumbai in 1937
.
The Central Office is where the Governor sits and where policies are formulated.
Though originally privately owned, since nationalization in 1949, the Reserve Bank is fully owned by the Government of India.
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