Question
What is the name of the section under which RBI imposed
penalties on cooperative banks for regulatory non-compliance?Solution
The penalties levied on cooperative banks for non-compliance with RBI regulations were imposed under Section 47A(1)(c) of the Banking Regulation Act, 1949. This section empowers the RBI to take monetary action for regulatory deficiencies.
When is the Indian Navy scheduled to induct the Ancient Stitched Ship?
What is the current repo rate as decided by the Reserve Bank of India (RBI) in its latest Monetary Policy Committee (Dec 2024) review?
Identify the Capital Adequacy Ratio to be maintained by Payment Banks ?
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Which of the following was constituted as a famine commission during British rule in India?
1. Campbell Commission.
2. Sadler Commission.<...
How many cities are covered under the Urban Consumer Confidence Survey (UCCS) of September 2025?
What is the scientific name of the newly discovered orchid species in Mizoram?
Recently, which space startup is preparing to launch India’s second privately developed rocket, Agnibaan SOrTeD?
India’s First TriHOb is going to be established in?
Which organizations recently signed an MoU for developing a framework to assess Logistics Cost in India?
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