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      Question

      Under which Act, Banking ombudsman has been

      constituted?
      A RBI Act Correct Answer Incorrect Answer
      B SBI Act Correct Answer Incorrect Answer
      C Companies Act Correct Answer Incorrect Answer
      D Banking Regulation Act Correct Answer Incorrect Answer
      E SEBI Act Correct Answer Incorrect Answer

      Solution

      Banking Ombudsman is a quasi judicial authority functioning under India’s Banking Ombudsman Scheme 2006.

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