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      Question

      Recently the Reserve Bank has imposed a monetary penalty

      on which of the banK worth Rs 5.72 crore?
      A Yes Bank Correct Answer Incorrect Answer
      B Kotak Mahindra Bank Correct Answer Incorrect Answer
      C Axis Bank Correct Answer Incorrect Answer
      D Federal Bank Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      The central bank has imposed this penalty due to non compliance of RBI Directions 2016 by the Federal Bank.

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