Who appoints a banking ombudsman? Options: A . &nbspReserve Bank of India B . &nbspGovernor of respective state C . &nbspLead Bank of the State D . &nbspPresident of India

Who appoints a banking ombudsman?

Question

Who appoints a banking ombudsman?

Options:

A . Reserve Bank of India

B . Governor of respective state

C . Lead Bank of the State

D . President of India

Answer: Option A
Answer: (a)The Banking Ombudsman is a senior official appointed by the Reserve Bank of India to redress customer complaints against deficiency in certain banking services.

Was this answer helpful ?

Next Question

Submit Solution

More Questions on This Topic :

Question 1. In India ‘Report on Currency and Finance’ is the annual publication of ....

Question 2. The Word ‘Actuaries’ is related to....

Question 3. Which is credit rating agency in India?....

Question 4. Which of the following definitions are in correct? Basis points: increase in interest rates in percentage terms. Rep....that banks must keep with itself to avoid liquidity issues.

Question 5. In India, one-rupee coins and notes and subsidiary coins are issued by ....

Question 6. Participatory Notes (PNs) are associated with which one of the following? ....

Question 7. The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called ....

Question 8. Which of the following institutions is the umbrella organization for all retail payment systems in India?....

Question 9. Consider the following sentences regarding ‘India Post Payment bank’It is third entities that get approval from Rese....account from individuals. Which of the above sentence(s) is/are true?

Question 10. Which one of the following is related to the regulation of stock exchange operations?....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

DSP Combined 1 Free Revision Test SAIL JO E-0

GPOE / GPA Combined 1 Free Revision Test SAIL JO E-0

BSP Plant Specific Review Test SAIL JO E-0

BSL Combined 1 Free Revision Test SAIL JO E-0

GFM Combined 1 Free Revision Test SAIL JO E-0

Submit Solution

More Questions on This Topic :

Latest Videos

Latest Test Papers