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Answer : 2. "Reserve Bank of India"
Which bank is the central bank of India?
5Q:
Which bank is the central bank of India?
- 1Bank of Indiafalse
- 2Reserve Bank of Indiatrue
- 3State Bank of Indiafalse
- 4Union Bank of Indiafalse
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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.