Question
Under which statutory provisions of the Banking
Regulation Act, 1949, did the Reserve Bank of India impose the ₹50,000 penalty on Sikkim State Co-operative Bank Ltd. on 8 September 2025?Solution
The monetary penalty of ₹50,000 on Sikkim State Co-operative Bank Ltd. was imposed using the enforcement powers provided by Section 47A(1)(c) (which enables the RBI to penalize for non-compliance) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949. This followed supervisory findings of non-compliance with KYC directions—specifically, failure to upload customer KYC records to the CKYCR within the prescribed timeline—established during an inspection.
16 17 25 ? 99 180
...24 25 46 ? 572 2885
...Three series are given below. You have to find the values of P, Q and R, then establish a relationship among them.
I: 210, P , 233, 64,...
520 79 440 151 376 ?
D irection: Which of the following will replace ‘?’ in the following series
300, 300, 301, 303, ‘?’, 324, 364
...Look at the below pattern and complete the series: 11, 15, 22, 26, 33, 37, 44, ?
59, 170, 301, 452, ?, 814
2, 9, 19, 32, 48, 67, ?
The question below are based on the given Series-I. The series-I satisfies a certain pattern, follow the same pattern in Series-II and answer the quest...
21, 37, 62, 98, 147, ?
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