Question
Which entity was recently fined by the Reserve Bank of India for violating payment and KYC regulations, as announced in July 2024?
- A Manappuram Finance Limited was fined Rs 41.5 lakh for KYC non-compliance.
- B Ola Financial Services was fined Rs 87.55 lakh for two different regulatory breaches.
- C Visa Worldwide was fined Rs 2.4 crore for implementing a payment solution without RBI clearance.
More MCQs for RBI Grade B Questions
- Who has assumed the presidency of the Financial Action Task Force (FATF) for the term 2024-2026?
- Which organization is leading the development of the first offshore mineral auctions in India?
- Which country was NOT a major source of FDI to India in Q1 of FY 2024-25?
- What significant milestone did Rohit Sharma achieve in T20 cricket?
- The high-speed corridor between Tharad and Ahmedabad in Gujarat will be:
- Which of the following is NOT a primary focus area of the AMRUT Mission?
- Which river is the focus of the newly established Centre for Narmada River Basin Management (cNARMADA) by IIT Gandhinagar and IIT Indore?
- The Oilfields (Regulation and Development) Amendment Bill, 2024, was introduced in the:
- Who among the following won a silver medal at the 13th European Girls’ Mathematical Olympiad (EGMO) 2024?
- Which payment system allows for realtime, onetoone remittance of funds?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
