Question
The Reserve Bank of India (RBI) has imposed a monetary
penalty on the State Bank of India (SBI), Punjab & Sind Bank, and Indian Bank owing to non-compliance with certain regulations.With respect to the given information,which of the following statements is/are true? I. SBI is penalized with Rs 1.30 crore due to lack of compliance with directions on 'Loans and Advances – Statutory and Other Restrictions' and 'Guidelines on Management of Intra-Group Transactions and Exposures'. II. Indian Bank is charged with Rs 1.99 crore for non-compliance with 'Loans and Advances – Statutory and Other Restrictions', along with 'Reserve Bank of India [Know Your Customer (KYC)] Directions, 2016' and 'Reserve Bank of India (Interest Rate on Deposits) Directions, 2016'. III.  Punjab & Sind Bank has to pay a fine of Rs 1.5 crore for failing to comply with regulations on 'The Depositor Education and Awareness Fund Scheme, 2014–Section 26A of Banking Regulation Act, 1949–Operational Guidelines'.Solution
The Reserve Bank of India (RBI) has imposed a monetary penalty on the State Bank of India (SBI), Punjab & Sind Bank, and Indian Bank owing to non-compliance with certain regulations.  SBI is penalised with Rs 1.30 crore due to lack of compliance with directions on 'Loans and Advances – Statutory and Other Restrictions' and 'Guidelines on Management of Intra-Group Transactions and Exposures'. Meanwhile, Indian Bank is charged with Rs 1.62 crore for non-compliance with 'Loans and Advances – Statutory and Other Restrictions', along with 'Reserve Bank of India [Know Your Customer (KYC)] Directions, 2016' and 'Reserve Bank of India (Interest Rate on Deposits) Directions, 2016'.  Punjab & Sind Bank has to pay a fine of Rs 1 crore for failing to comply with regulations on 'The Depositor Education and Awareness Fund Scheme, 2014–Section 26A of Banking Regulation Act, 1949–Operational Guidelines'.
As per regulations, the Maximum Migration Limit of zinc is ______ mg/kg from plastic materials intended to be in contact with articles of food.
Which of the following is a phytotoxin?
Which of the following statements are correct with respect to INS for Food Additives?
Options:
1. INS stands for International Numberin...
Which of the following statements are correct with respect to procedures for thawing food?
Options:
1. Ensure that the temperature of f...
Which one of the following is the richest source of iron?
Food ______ is defined as decomposition and damage caused to food by various agents making it unsuitable for human consumption.
The disaccharide ______ has α -1,4 glycosidic linkages.
Which one of the following statements is INCORRECT with reference to Electrical Stimulation as a technique for enhancing meat tenderness?
Reichert-Meissl (RM) number is defined as:
As per FSSAI labelling regulations, the term ‘added sugar’ needs to be mentioned on the package when ______ and ______ have been added to foods and...
Relevant for Exams:
