Where will the Reserve Bank of India be setting up its first Automated Banknote Processing Centre for Storage, receipt and dispatch of currency notes in 2020?
- AMumbai
- BAhmedabad
- CBengaluru
- DJaipur
Solution & Step-by-step Explanation
In December 2020, the Reserve Bank of India (RBI) decided to set up an Automated Banknote Processing Centre (ABPC) in Jaipur for automated receipt, storage, and dispatch of currency notes.