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RBI has imposed a monetary penalty of Rs 36 lakh on Central Bank of India for non-compliance with certain directions of the central bank. The order was issued on April 18, 2022. Central Bank of India has been penalised for failing to comply with directions issued by RBI on 'Customer Protection-Limiting Liability of Customers in Unauthorised Electronic Banking Transactions', RBI noted that the penalty has been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with section 46 (4) (i) and section 51(1) of the Banking Regulation Act, 1949. RBI statutory Inspection for Supervisory Evaluation (lSE) of CBI was conducted by the RBI with reference to its financial position as of March 31, 2020.
Which authority has the power to promulgate ordinances when Parliament is not in session in India?
According to Article 100 of the Indian Constitution, what fraction of members constitutes the quorum for meetings of either House of Parliament?
How many years must a person of Indian origin reside in India to become a citizen under the Citizenship Act, 1955?
The "Right to Education" for children aged 6 to 14 years became a fundamental right under which Constitutional Amendment in India?
The 'Fundamental Duties' of citizens are enshrined in which part of the Indian Constitution?
Who is known as the guardian and final interpreter of the Constitution?
Which article of the Indian Constitution guarantees the right to move to the Supreme Court for the enforcement of Fundamental Rights and authorizes the ...
Which of the following statements about Fundamental Rights in the Indian Constitution is FALSE?
Which of the following indices is not considered while calculating Human Development Index (HDI)?
Identify the incorrect pair related to Indian Constitutional Amendments: