Answer: Option C Answer: (c) The headquarters of the Reserve Bank of India (RBI) is located in Mumbai, Maharashtra. Initially, the headquarter of RBI was in Calcutta (now Kolkata) but in 1937 it was permanently moved to Bombay (now Mumbai). The RBI commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934.
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