Current Affairs Banking - Questions (Section-1)
#Questions
11For which bank, RBI penalized Rs.2 Crore for Flouting Norms?
A. Indian BankB. Corporation Bank
C. State Bank of India D. Union Bank of India
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12RBI has recently raised the limit for collateral-free agriculture loans from Rs 1 Lakh to __________.
A. Rs 1.6 lakhB. Rs 1.5 lakh
C. Rs 1.4 lakh D. Rs 1.3 lakh
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13RBI imposed Rs.1 crore penalty to this bank under Section 47 A of the Banking Regulation Act, 1949.
A. Canara BankB. Indian Bank
C. State Bank of India D. Union Bank of India
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14The Reserve Bank of India (RBI) has penalised Rs 2 million each for __________, Kotak Mahindra Band and IDBI Bank for non-compliance with respect to Know Your Customer (KYC) norms and Anti-Money Laundering (AML) standards.
A. HDFC BankB. Andhra Bank
C. Indian Overseas bank D. Union Bank of India
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15Which bank has been penalized with Rs 1.5 crore for not monitoring fund use and fraud reporting delay?
A. Canara BankB. Andhra Bank
C. Allahabad Bank D. Corporation Bank
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