Question
The Reserve Bank of India has imposed how much penalty
on Axis Bank for failure to comply with Know Your Customer (KYC) regulations after RBI’s Inspection for Supervisory Evaluation (ISE) for its financial position as of March 31, 2022?ÂSolution
The Reserve Bank of India (RBI) has levied monetary penalties on Axis Bank and Manappuram Finance, citing non-compliance with certain regulations of the central bank.  Axis Bank was fined Rs 90.92 lakh as the RBI found from its Inspection for Supervisory Evaluation (ISE) for its financial position as of March 31, 2022, that the lender failed to comply with Know Your Customer (KYC) regulations.
Which is not a method of overhead apportion mechanism?
If there exists a specific sports fund, the expenses incurred in relation to sports activities will be taken to:
Which of the following financial statements shows a company's assets, liabilities, and equity at a specific point in time?
Which report is issued after completion of statutory audit of a PSU?
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The primary objective of Cash Management is to:
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Amount paid for stationery during 2022-23        ₹ 80,000
Creditors for Stationery on March, 31, 2023       ₹ 7,...
