Mathematics · Aptitude and Banking Calculations
Mr. Sharma's pension payment was delayed by his bank for 180 days due to a clerical error in PPO processing. As per RBI guidelines, banks must pay a fixed compensation of 100 rupees per day for pension payment delays. What is the total penalty amount the bank must pay to Mr. Sharma for the 180-day delay, excluding the principal pension amount?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 110,000 rupees
- 224,000 rupees
- 37,200 rupees
- 418,000 rupees✓
Correct answer
18,000 rupees
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Aptitude and Banking Calculations MCQs →Want more practice questions on Aptitude and Banking Calculations?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Aptitude and Banking Calculations