Question
Who is a Banking
Ombudsman?Solution
The Banking Ombudsman is a senior official appointed by the Reserve Bank of India to redress customer complaints against deficiency in certain banking services. The Banking Ombudsman Scheme enables an expeditious and inexpensive forum to bank customers for resolution of complaints relating to certain services rendered by banks. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from 1995.
A, B’s manager was sent to collect payment from B’s customers. A collects the payment but keeps with him. Which of the following options is correct?...
"Contract of Indemnity" is defined in which section of Indian Contract Act?Â
Privity of Contract means :
During the period when moratorium is declared by the Adjudicating Authority which of the following is prohibited?
In a State legislature council of ministers are to aid and advise the ________.
Which of the following statement is not correct ?
A attempts to pull Z's nose, Z in the exercise of the right of private defence, lays hold of A to prevent him from doing so. A is moved to sudden and v...
According to the Indian Contract Act, when co-sureties are bound in different sums, how is their liability to pay determined?
According to the given statement, in what situations do the boundaries of administrative law extend?
The issued capital of the Exim Bank shall be____________________
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