Question

    For what reason was PNB penalized by RBI of Rs 1.32 crore penalty?

    A Violating logistics norms Correct Answer Incorrect Answer
    B Failing to empower rural women Correct Answer Incorrect Answer
    C Violating loans and advances and KYC norms Correct Answer Incorrect Answer
    D Failing to support sports initiatives Correct Answer Incorrect Answer
    E Failing to assess logistics costs Correct Answer Incorrect Answer

    Solution

    PNB was penalized for violations related to loans and advances and failing to preserve customer identification records.

    Practice Next

    Relevant for Exams: