The office of the Governor of the Reserve Bank of India (RBI) is located in Mumbai.
The Reserve Bank of India, India's central bank, has its headquarters in Mumbai. Consequently, the Governor's office is also situated at the main headquarters.
Therefore, the correct location for the Governor of the Reserve Bank of India's office is Mumbai.
On April 9, 2025, the Reserve Bank of India's Monetary Policy Committee (MPC) announced a cut in the repo rate by:
At the 57th meeting of the Monetary Policy Committee (MPC) of the RBI held from 29 September to 1 October 2025, what decision was taken on the policy repo rate and stance?
Which of the following statements is/are correct regarding the Monetary Policy Committee (MPC)?
1. It decides the RBI's benchmark interest rates.
2. It is a 12-member body including the Governor of RBI and is reconstituted every year.
3. It functions under the chairmanship of the Union Finance Minister.
Select the correct answer using the code given below:
The terms ‘Marginal Standing Facility Rate’ and ‘Net Demand and Time Liabilities’, sometimes appearing in news, are used in relation to
In the context of Indian economy; which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’?
(1) To enable the Central Bank to control the amount of advances the banks can create
(2) To make the people’s deposits with banks safe and liquid
(3) To prevent commercial banks from making excessive profits
(4) To force the banks to have sufficient vault cash to meet their day-to-day requirements
Select the correct answer using the code given below.
If the interest rate is decreased in an economy, it will
The lowering of Bank Rate by the Reserve Bank of India leads to: