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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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