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


Discussion

No Comment Found