RBI’s new branch at Dehradun

Reserve Bank of India opens branch in Dehradun

Question: Recently, Uttarkhand Chief Minister Trivendra Singh Rawat inaugurated the facility service of all government banking activities of the state through the RBI’s Dehradun branch. Earlier, the state government had to do financial transactions through which of the following branches of the RB?
(a) Lucknow
(b) Kanpur
(c) Patna
(d) Bhopal
Answer: (b)
Related facts:

  • On October 3, 2017, Uttarkhand Chief Minister Trivendra Singh Rawat inaugurated the RBI’s new branch at Dehradun to make transactions of the state government more convenient.
  • Now all banking facilities will be executed from this branch of the state government.
  • It is important that before that all financial transactions of Uttarkhand state government were executed from the Kanpur branch of the Reserve Bank of India.
  • This will facilitate the banking and financial work of the state government, and also will accelerate economic progress.
  • On this occasion, the Chief Minister also released the ‘Information Book’ of the Reserve Bank of India for providing information about the Uttarkhand Government Business.

Reference:
http://economictimes.indiatimes.com/industry/banking/finance/banking/reserve-bank-of-india-opens-branch-in-dehradun/articleshow/60927367.cms
http://www.dailypioneer.com/state-editions/dehradun/reserve-bank-of-india-opens-branch-in-doon.html