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.
A paper is folded and cut as shown in the following figures. How will it appear when unfolded?
A paper is folded and cut as shown in the following figures. How would this paper look when unfolded?
A paper is folded and cut as shown in the following figure. Select the option that depicts how this paper will appear when unfolded?
A piece of paper is folded and punched as shown below. From the given responses indicate how it will appear when opened.
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
A paper is folded and cut as shown below. How will it appear when unfolded?
Choose a figure which would most closely resemble the unfolded form of Figure (Z).
A piece of paper is folded and punched as shown below. From the given responses indicate how it will appear when opened.
