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'.
Statements:
A < B < Z < K ≤ B < H; K > N ≥ P
Conclusions:
I) A < P
II) Z ≥ N
Statement: S > P, P ≥ U, U > V, V ≤ N
Conclusion: I. N ≥ U II. S < N
Statement- 1 - A Ë‚ B ˃ C ≥ F
2 - E ˃ B ≤ D ≠ G
Conclusions:
E > F
G ≥ B
D ˃ A
...In the question, assuming the given statements to be true, find which of the following conclusion(s) among the two conclusions is/are true and then giv...
Statements: P > R = S; T > S > U; Q < U = V
Conclusions:
I. Q < P
II. T > V
III. R ≥ V
Statements: H = U > G, S < G
I. H ≥ S
II. U > S
Statement:  A = X ≥ W = B < C = O
Conclusions:
I. A ≥ B
II. W < O
III. X > O
IV. C > A
...In the question, assuming the given statements to be true, find which of the conclusion(s) among given three conclusions is /are definitely true and th...
Statements: Q > M ≤ F < H; V = A > M > P; Z < I < P
Conclusions:
 I. H ≥ Z
II. I < Q
III. V = I
Statement: A > B = E < F > H; I ≤ D < C; H > G > C
Conclusions:
I. F > I
II. I < G
III. B < G
