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'.
The group (A)/have been (B)/notoriously fickle (C)/in the past (D).
In the following questions, a sentence is divided into four parts. Choose the part(s)Â of the sentence which may contain a grammatical error in it. If...
- In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and choose the option correspondin...
I had to / call the event down / as there / weren’t enough participants.
Find the erroneous part of the given sentence. If none of the parts contains error, mark ‘No Error’ as your answer.
Neither of the boys (A)...
1) Though hurt,
2) I was conscience
3) when the
4) ambulance brought me here
5) No error
The manager was (1)/so angry (2)/ on the employees (3)/that he cancelled the meeting.(4)
Diana was a young (A)/mission school teacher convinced (B)/of her vacation to provide (C)/support for her schoolgirl pupils (D).
(A) the primary energy source in many regions.
(B) fossil fuels are still widely used as
(C) renewable energy sources are becoming more af...
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark i...
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