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    Question

    How much monetary penalty did RBI impose on RAR Fincare

    Limited, Chennai for non-compliance with its directions?
    A β‚Ή10,000 Correct Answer Incorrect Answer
    B β‚Ή25,000 Correct Answer Incorrect Answer
    C β‚Ή50,000 Correct Answer Incorrect Answer
    D β‚Ή1 lakh Correct Answer Incorrect Answer
    E β‚Ή2 lakh Correct Answer Incorrect Answer

    Solution

    RBI imposed a penalty of β‚Ή25,000 on RAR Fincare Limited, Chennai for non-compliance with its directions regarding management changes in NBFCs.

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