MCQOPTIONS
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| 1. |
With regard to the recent imposition of the RBI on two private sector lender, which of the following statement/statements is or are true? 1. On 2 August 2010 the RBI imposed penalty on ICICI Bank and Standard Chartered Bank. 2. RBI penalized ICICI bank with Rs 5 lakh for violating Know-Your Customer norms.n3. RBI penalized Stan Charts with a whooping Rs 10 lakh because it did not abide by RBI’s norms on home loan lending.n4. ICICI was held responsible for violating Anti Money Laundering (AML) standards . |
| A. | 1,3 u0026 4 |
| B. | 1 u0026 2 |
| C. | 2 u0026 4 |
| D. | 3 u0026 4 |
| Answer» D. 3 u0026 4 | |