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2026 Current Affairs practice question for Railways, SSC, UPSC. Review the correct answer and explanation, then continue with related practice below.

Question language / प्रश्न भाषा

What monetary penalty did RBI impose on Kotak Mahindra Bank for the violations mentioned in the source?

Source में mentioned violations के लिए RBI ने Kotak Mahindra Bank पर कितना monetary penalty लगाया?

Answer and explanation are free to read — no sign-in required.उत्तर और व्याख्या पढ़ने के लिए साइन-इन आवश्यक नहीं है।

A

₹51.95 lakh₹51.95 लाख

B

₹61.95 lakh₹61.95 लाख

✓

C

₹71.95 lakh₹71.95 लाख

D

₹81.95 lakh₹81.95 लाख

Correct Answerसही उत्तर

B. ₹61.95 lakhB. ₹61.95 लाख

Explanationव्याख्या

RBI imposed a penalty of ₹61.95 lakh on Kotak Mahindra Bank.
The violations included opening multiple Basic Savings Bank Deposit Accounts for some customers, engaging Business Correspondents beyond the permitted scope and submitting inaccurate borrower information to Credit Information Companies.

RBI ने Kotak Mahindra Bank पर ₹61.95 lakh का penalty लगाया। Violations में कुछ customers के लिए multiple BSBD accounts खोलना, Business Correspondents को permitted scope से बाहर activities में engage करना और Credit Information Companies को inaccurate borrower information submit करना शामिल था।

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