Question Bank - Banking & Financial Services

Here's the question bank on all the banking & financial services topics.

Where is the RBI museum situated in India?

A.
Kolkata
B.
Bhopal
C.
Delhi
D.
Bhubneshwar

Solution:

The correct answer is Kolkata. RBI museum is situated in Kolkata. It provides an immersive kind of experience that explains money and its role in the economy. You can also explore how money has evolved over the centuries, how and why gold still holds an important place in our society, and also about the genesis of RBI. The Museum also features a 7 ft. Yap Stone, an interactive exhibit on gold mining, a 12 ft. High sculpture and much more. Additional Information About RBI -The Reserve Bank of India (RBI) is India's central bank, which controls the issue and supply of the Indian rupee. RBI is the regulator of the entire Banking in India. RBI plays an important part in the Development Strategy of the Government of India. RBI regulates commercial banks and non-banking finance companies working in India. It serves as the leader of the banking system and the money market. It regulates the money supply and credit in the country. The RBI carries out India's monetary policy and exercises supervision and control over banks and non-banking finance companies in India. RBI was set up in 1935 under the Reserve Bank of India Act, 1934

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