2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Recently, RBI fined Indian Bank Rs _________ crore for cyber security violation.
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One
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Two
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Three
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Four
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Explanation:
Detailed explanation-1: -The Reserve Bank on Monday said it has imposed a penalty of Rs 2.66 crore on Bank of Bahrain & Kuwait BSC, India operations for non-compliance with directions on cyber security framework.
Detailed explanation-2: -RBI imposes Rs 1 crore fine on State Bank of India-The Economic Times.
Detailed explanation-3: -The Reserve Bank of India (RBI) on Monday informed that it has imposed monetary penalties on nine cooperative banks from six states for non-compliance with various provisions.
Detailed explanation-4: -RBI imposes monetary penalty on IndusInd Bank Ltd (the bank) for non-compliance with certain directions issued by RBI on ‘Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016’.
There is 1 question to complete.