New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    In which of the following situations is a Special Audit

    required? a) When there is suspicion of financial mismanagement b) When a company requests for a Special Audit voluntarily c) When the Reserve Bank of India (RBI) orders an audit for a banking institution 
    A Special audit cannot be done in these three cases Correct Answer Incorrect Answer
    B Only a and b Correct Answer Incorrect Answer
    C a, b and c Correct Answer Incorrect Answer
    D Only c Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next