📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      The 'Banking Ombudsman' can pass an award for

      compensation for mental agony/harassment up to: 
      A ₹1 Lakh Correct Answer Incorrect Answer
      B ₹5 Lakh Correct Answer Incorrect Answer
      C ₹10 Lakh Correct Answer Incorrect Answer
      D ₹20 Lakh Correct Answer Incorrect Answer
      E No such provision Correct Answer Incorrect Answer

      Solution

      While the total compensation for loss is up to ₹20 Lakh, the specific limit for mental agony/harassment is capped at ₹1 Lakh.

      Practice Next
      ask-question