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    • Question

      What was the reason for RBI imposing a ₹5,00,000 fine

      on Aadhar Housing Finance?
      A Violating loan disbursement procedures Correct Answer Incorrect Answer
      B Failing to create a floating charge on assets Correct Answer Incorrect Answer
      C Charging interest before actual loan disbursement Correct Answer Incorrect Answer
      D Not categorizing customers based on risk Correct Answer Incorrect Answer
      E Not maintaining sufficient capital adequacy Correct Answer Incorrect Answer

      Solution

      Aadhar Housing Finance was fined by RBI for charging interest before actual loan disbursement, which violates loan disbursement procedures.

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