Question

    How much was the fine imposed on Jila Sahakari Kendriya

    Bank Maryadit, Vidisha, Madhya Pradesh, for non-compliance with RBI's regulations?
    A ₹4.50 lakh Correct Answer Incorrect Answer
    B ₹3.50 lakh Correct Answer Incorrect Answer
    C ₹1.50 lakh Correct Answer Incorrect Answer
    D ₹1.00 lakh Correct Answer Incorrect Answer
    E ₹2.50 lakh Correct Answer Incorrect Answer

    Solution

    RBI fined Jila Sahakari Kendriya Bank Maryadit, Vidisha, Madhya Pradesh, ₹1.00 lakh for failing to transfer funds to the Depositor Education and Awareness Fund within the prescribed period.

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