The RBI has imposed a Rs 2 crores penalty on which bank for paying commission to employees?

1. 

The RBI has imposed a Rs 2 crores penalty on which bank for paying commission to employees?
[A]. Allahabad Bank
[B]. Punjab National Bank
[C]. State Bank of India
[D]. Union Bank of India

Answer: Option C

Explanation:

The RBI has imposed a penalty of Rs 2 crore on SBI for contravention of norms, including specific directions to the lender on remuneration to its employees in the form of commission.

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