📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store

    • Question

      Which company was penalized ₹25,000 by the RBI for not

      obtaining prior written permission before changing more than 30% of its directors?
      A Godrej Housing Finance Correct Answer Incorrect Answer
      B Aadhar Housing Finance Correct Answer Incorrect Answer
      C RAR Fincare Limited Chennai Correct Answer Incorrect Answer
      D Durgapur Mahila Co-operative Bank Limited Correct Answer Incorrect Answer
      E HUDCO Correct Answer Incorrect Answer

      Solution

      RAR Fincare Limited Chennai was penalized ₹25,000 for not obtaining prior written permission from the RBI before changing more than 30% of its directors.

      Practice Next

      Relevant for Exams:

      ask-question