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Question

The Headquarters of Reserve Bank of India is in ______.

A
Delhi
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B
Mumbai
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C
Nasik
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D
Kanpur
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Solution

The correct option is B 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.

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