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      Question

      For what reason was PNB penalized by RBI of Rs 1.32

      crore penalty?
      A Violating logistics norms Correct Answer Incorrect Answer
      B Failing to empower rural women Correct Answer Incorrect Answer
      C Violating loans and advances and KYC norms Correct Answer Incorrect Answer
      D Failing to support sports initiatives Correct Answer Incorrect Answer
      E Failing to assess logistics costs Correct Answer Incorrect Answer

      Solution

      PNB was penalized for violations related to loans and advances and failing to preserve customer identification records.

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