Question

    RBI has imposed ______ cr Monetary Penalty on the

    Spandana Sphoorty Financial due to its failure to adhere to the pricing of credit guidelines for NBFCs.
    A ₹2.33 Correct Answer Incorrect Answer
    B ₹1.33 Correct Answer Incorrect Answer
    C ₹2.69 Correct Answer Incorrect Answer
    D ₹2.70 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Due to non compliance of NBFC norms the RBI imposed a penalty of ₹2.33 crore. 

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