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    Question

    RBI imposed a fine of 40 lakhs on ____ for flouting

    fake currency norms.
    A ICICI Correct Answer Incorrect Answer
    B Indian Oveseas Bank Correct Answer Incorrect Answer
    C SBI Correct Answer Incorrect Answer
    D AXIS bank Correct Answer Incorrect Answer
    E Paytm Correct Answer Incorrect Answer

    Solution

    Ans- C , The Reserve Bank has slapped a penalty of Rs 40 lakh on SBI for not complying with its directions on detection and impounding of counterfeit notes.

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