Module: General Practice
Q6: What specific action is taken, when a penalty of ₹5 lakh is levied on a currency chest for repeated deficiencies (more than 5 instances) in consecutive inspections?
✅ Correct Answer: A
When a severe penalty of ₹5 lakh is levied under the RBI Scheme of Penalties for repeated violations found during Currency Chest Operations inspections, the action is transparently placed in the public domain to ensure accountability.