8 Views

Question : Which city is known as the financial capital of India?

Option 1: Mumbai

Option 2: New Delhi

Option 3: Kolkata

Option 4: Bengaluru


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 17th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Mumbai


Solution : The correct answer is (a) Mumbai.

Mumbai, located on the western coast of India in the state of Maharashtra, is considered the financial hub of the country. It houses the headquarters of major national and international financial institutions, including the Reserve Bank of India (RBI), the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE), and numerous banks, financial companies, and corporate headquarters.
Mumbai's significance as a financial center stems from its vibrant stock market, extensive banking and financial services, and its role as a major port and commercial center. It attracts professionals from various fields and is a major destination for businesses, trade, and commerce in India.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

Parul University BBA Admissio...
Apply
India's youngest NAAC A++ accredited University | NIRF rank band 151-200 | 2200 Recruiters | 45.98 Lakhs Highest Package
UPES Dehradun | B.Com Admissi...
Apply
#41 in NIRF | 50 LPA Highest CTC, Ranked #1 in Academic Reputation in India by QS World University Rankings
UPES Dehradun BA Admissions 2025
Apply
Ranked #46 amongst Universities in India by NIRF | Ranked #1 in Academic Reputation in India by QS World University Rankings
UPES | BBA Admissions 2025
Apply
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships
Pearl Academy BBA 2025
Apply
No. 1 Design & Fashion Institute by ASSOCHAM, India Today, Outlook and The Week rankings
Woxsen University BBA (Hons.)...
Apply
AACSB, Business Graduates Association, AMDISA Member | Merit-Based Scholarships
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books