CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
RBI slaps penalty for how many banks for non-strengthening of ’SWIFT’ related controls?
A
7
B
4
C
3
D
6
Explanation: 

Detailed explanation-1: -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-2: -The Reserve Bank of India (RBI) has imposed, by an order dated January 31, 2023, a monetary penalty of ₹15.00 lakh (Rupees Fifteen lakh only) on The Utkal Cooperative Bank Ltd.

There is 1 question to complete.