Question
The Reserve Bank of India (RBI) has charged the
Non-Banking Finance Company (NBFC) L&T Finance with _________ for failing to notify the change in the penal interest rate to its borrowers whenever it charged higher rates than what was communicated at the time of sanction.Solution
The Reserve Bank of India (RBI) has charged the Non-Banking Finance Company (NBFC) L&T Finance with Rs 2.50 crore for failing to adhere to certain regulatory provisions regarding interest rates. The NBFC had not disclosed to its retail borrowers the gradation of risk and rationale for charging different interest rates to different categories of borrowers in the loan application form or sanction letter. It also failed to notify the change in the penal interest rate to its borrowers whenever it charged higher rates than what was communicated at the time of sanction. Additionally, it failed to give notice of change in the terms and conditions of loans to its borrowers when the NBFC charged an annualised rate of interest, which was higher than what was communicated at the time of sanction.
Select the most appropriate direct form of the given sentence.
He said that he was not feeling well and that he wanted to go to bed.
The General presented us a detailed battle plan.
I asked her whether she ______________ how to write an article.
Change the following sentence to Indirect Speech.
"I wonder", Sharda said to Girija, "whether you can spare your Economics notes for a day".
Select the most appropriate indirect form of the given sentence.
Pauline said to Cornelius, “Will Mr. Vincent be coming for dinner on Thursda...
My father said to me, "Don't talk to your mother like that."
Select the most appropriate indirect form of the given sentence.
The thief said to the judge, “Pardon me.”
Select The Correct Direct / Indirect Form of the given sentence.
'Aren’t you going to put the boots in ?' said Ramesh.
He added that he was sure that whatever differences (2)/existed between two parties (3) /will be resolved through dialogue. (4) /No error (5).
Select the option that expresses the given sentence in direct speech.
I will tell him that I don't want to join the art classes.
