Current Affairs - Miscellaneous - Discussion

Discussion :: Miscellaneous - Latest Current Affairs (Q.No.84)

84. 

The Reserve Bank of India on 19th June 2020 has extended the regulatory restrictions imposed on PMC Bank by how many months?

[A]. 9
[B]. 3
[C]. 12
[D]. 6

Answer: Option D

Explanation:

The Reserve Bank of India on 19th June 2020 has extended the regulatory restrictions imposed on the multi-state urban Cooperative Bank, Punjab and Maharashtra Cooperative Bank Limited (PMC Bank) by another 6 months. As per the earlier notice dated March 21st, 2020, the regulatory restrictions were up to 22nd June 2020, which now has been extended up to 22nd December 2020.

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