Question
Consider the following statements with respect to the
monetary penalties been imposed by RBI on certain banks-Ā I.The Reserve Bank of India has imposed a monetary penalty of Rs 6.34 crore on Bank of Baroda as itĀ Ā failed to ensure accuracy and integrity of data on large exposures submitted to RBI with respect to some accounts. II.A monetary penalty of Rs 5 crore on CitibankĀ was because the lender failed to credit the eligible amount to the Depositor Education and Awareness Fund within the prescribed time period. III.Rs 2 crore on Indian Overseas Bank forĀ violating norms while extending term loans to two corporate entities without undertaking due diligence on the viability and bankability of the projects. Which of the following statements is/are true ?Solution
The Reserve Bank of India has imposed a monetary penalty of Rs 4.34 crore on Bank of Baroda, Rs 5 crore on Citibank, and Rs 1 crore on Indian Overseas Bank for violating norms.Ā Ā Bank of Baroda, according to RBI, failed to ensure accuracy and integrity of data on large exposures submitted to RBI with respect to some accounts.Ā Ā The penalty on Citibank was because the lender failed to credit the eligible amount to the Depositor Education and Awareness Fund within the prescribed time period, paid remuneration in the form of commission to its certain staff members, and outsourced the monitoring and disposal/closure (decision-making function) of AML (Anti-Money Laundering) alerts to a group company.Ā Ā On IOB, RBI said the bank was found violating norms while extending term loans to two corporate entities without undertaking due diligence on the viability and bankability of the projects to ensure that revenue streams from the projects were sufficient to take care of the debt servicing obligations, and it was sanctioned to substitute budgetary resources envisaged for certain projects.
How many such pairs of letters are in the word āSKINCAREā which has as many as alphabet between them as in English alphabet (both forward and rever...
How many such pairs of digits are there in the given number ā84762395ā each of which has as many digits between them in the number as in the Number...
If the word 'CONVERSATION' is arranged in alphabetical order from the right end, then which of the following letters will be the fourth letter to the ri...
Which of the following letter will be 7th letter from the right end if the letters of the word āCLAVULANATEā are arranged in reverse alphabetical or...
How many such digits are there in the number ā83495865427ā which will remain at the same position when they are arranged in the ascending order from...
How many pairs of letters are there in the word āMYSTERIESā which has as many letters between them in the word as in the alphabetical series?
If in a certain code language āMOTIONā is written as āNLGRLMā, then how will āCIRCUSā be written in that language?
The position of how many letters will remain unchanged, if each of the letters in the word 'COSMETIC' is arranged from left to right as per English Alp...
In the number '76589648', '1' is subtracted from all the digits. In the new number thus formed, from the left end we first arrange all the odd digits in...
If all the letters of the word āSUPPLEMENTā are replaced by immediate preceding letter in the alphabetical series, how many vowels are there in the ...
