In which of the following cities is the headquarters of Axis Bank located?
- A.Ahmedabad
- B.Bengaluru
- C.Chennai
- D.Mumbai
Show answer
Correct answer: D. Mumbai
Explanation
The correct answer is D, Mumbai. Axis Bank, which began in 1994 as UTI Bank and was renamed in 2007, has its corporate office in Mumbai, the city that also holds the Reserve Bank of India, SEBI, the State Bank of India, the Central Bank of India, Union Bank of India, Bank of India and both stock exchanges. Mumbai is the financial capital of the country, so most private banks and insurers are based there.
Option A, Ahmedabad, is where Axis Bank was registered and has a large office, which makes it the trap in this question, and it is also the home of the Space Applications Centre and the Physical Research Laboratory. Option B, Bengaluru, is the headquarters of Canara Bank and of ISRO. Option C, Chennai, is the headquarters of Indian Bank and Indian Overseas Bank. None of these is the headquarters of Axis Bank.