Question
Consider the following statements regarding the
penalties imposed by RBI on certain banks- I.The Reserve Bank has imposed a Rs 50 lakh penalty on state-owned Punjab National Bank for non-compliance with certain provisions related to 'interest rate on advances' and 'customer service in banks. II. A Rs 45 lakh penalty on private sector Federal Bank has been imposed for contravention of certain provisions of KYC norms. III. A monetary penalty of Rs 13.38 lakh has been imposed on Kosamattam Finance Ltd, Kottayam, for non-compliance with certain provisions of the 'Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016'. Which of the following statements is/are correct ?Solution
The Reserve Bank has imposed a Rs 72 lakh penalty on state-owned Punjab National Bank for non-compliance with certain provisions related to 'interest rate on advances' and 'customer service in banks.A Rs 30 lakh penalty on private sector Federal Bank has been imposed for contravention of certain provisions of KYC norms. It has also imposed a penalty of Rs 10 lakh on Mercedes-Benz Financial Services India Private Ltd (formerly known as Daimler Financial Services India Private Ltd) for non-compliance with certain provisions of the Know Your Customer (KYC) Direction, 2016. A monetary penalty of Rs 13.38 lakh has been imposed on Kosamattam Finance Ltd, Kottayam, for non-compliance with certain provisions of the 'Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016'.

A man invested a sum of money at compound interest. It amounted to Rs. 2420 in 2 years and to Rs. 2662 in 3 years. Find the sum.
Which of the following is the correct order?
`2/5` ___Â 15 ___Â 115___ 20 ___Â 4 = 581
In a division sum, the divisor 'd' is 10 times the quotient 'q' and 5 times the remainder 'r'. If r = 46, the dividend will be
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Two men and 7 women can complete a work in 28 days whereas 6 men and 16 women can do the same work in 11 days. In how many days can 7 men complete the s...
197 ___ 32 ___ 16² ___ 45 ___ 15 = 6,557
906 ___Â 6 ___Â `sqrt1225` Â ___Â 500 ___Â 850 = 4,935
The daily wages of A and B respectively are Rs.3.50 and 2.50. When A finishes a certain work, he gets a total wage of Rs. 63. When B does the same work,...