Question
Under which of these acts does the PMC(Punjab, and
Maharashtra Cooperative Bank) got strict restrictions from RBI?Solution
In September 2019, RBI imposed regulatory restrictions on PMC Bank after detection of certain financial irregularities, hiding and misreporting of loans given to real estate developer HDIL.
More Previous Year Paper Questions
The primary deficit in a government budget will be zero, when _______
If the price elasticity of demand for apples is 3, then what will be the impact on total revenue if price increases?
If a country’s policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-...