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Q:

Which bank is the central bank of India?

  • 1
    Bank of India
  • 2
    Reserve Bank of India
  • 3
    State Bank of India
  • 4
    Union Bank of India
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Answer : 2. "Reserve Bank of India"
Explanation :

The central office of the Reserve Bank was initially established in Kolkata which was permanently shifted to Mumbai in 1937. The central office is the office where the governor sits and where policies are formulated.

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