Question
The Reserve Bank of India (RBI) has imposed a monetary
penalty on the State Bank of India (SBI), Punjab & Sind Bank, and Indian Bank owing to non-compliance with certain regulations.With respect to the given information,which of the following statements is/are true? I. SBI is penalized with Rs 1.30 crore due to lack of compliance with directions on 'Loans and Advances – Statutory and Other Restrictions' and 'Guidelines on Management of Intra-Group Transactions and Exposures'. II. Indian Bank is charged with Rs 1.99 crore for non-compliance with 'Loans and Advances – Statutory and Other Restrictions', along with 'Reserve Bank of India [Know Your Customer (KYC)] Directions, 2016' and 'Reserve Bank of India (Interest Rate on Deposits) Directions, 2016'. III.  Punjab & Sind Bank has to pay a fine of Rs 1.5 crore for failing to comply with regulations on 'The Depositor Education and Awareness Fund Scheme, 2014–Section 26A of Banking Regulation Act, 1949–Operational Guidelines'.Solution
The Reserve Bank of India (RBI) has imposed a monetary penalty on the State Bank of India (SBI), Punjab & Sind Bank, and Indian Bank owing to non-compliance with certain regulations.  SBI is penalised with Rs 1.30 crore due to lack of compliance with directions on 'Loans and Advances – Statutory and Other Restrictions' and 'Guidelines on Management of Intra-Group Transactions and Exposures'. Meanwhile, Indian Bank is charged with Rs 1.62 crore for non-compliance with 'Loans and Advances – Statutory and Other Restrictions', along with 'Reserve Bank of India [Know Your Customer (KYC)] Directions, 2016' and 'Reserve Bank of India (Interest Rate on Deposits) Directions, 2016'.  Punjab & Sind Bank has to pay a fine of Rs 1 crore for failing to comply with regulations on 'The Depositor Education and Awareness Fund Scheme, 2014–Section 26A of Banking Regulation Act, 1949–Operational Guidelines'.
- An idiom/phrase is given in bold. Following this idiom/phrase are given three sentences, which use the given idiom/phrase. The idiom/phrase may or may not ...
There was no room to swing a cat in the party.
Choose the correct option showing the meaning of the Idiom highlighted in the given sentence
The politician's speech was full of hot air.
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Select the most appropriate meaning of the given idiom.
To bear the palm
In each of the following questions, an idiomatic expression/a proverb has been underlined – followed by four alternatives. Choose the one which best ...
Select the most appropriate meaning of the given idiom.
In one's element
In each question, four alternatives are given for the Idiom/ Phrase given in bold in the sentence. Choose the alternative which best expresses the mean...
If you don't believe me, go talk to him and hear it straight from the horse's mouth . It's true.
Select the correct meaning of the given idiom.
Slap on the wristÂ
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