New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

     The RBI announced to appoint an Internal Ombudsman for

    the Non-Deposit taking NBFCs (NBFCs-ND) with asset size of ______ crore
    A Rs 5000 crore Correct Answer Incorrect Answer
    B Rs 1000 crore Correct Answer Incorrect Answer
    C Rs 2000 crore Correct Answer Incorrect Answer
    D Rs 3000 crore Correct Answer Incorrect Answer
    E Rs 4000 crore Correct Answer Incorrect Answer

    Solution

    RBI announced an Internal Ombudsman mechanism for the following two types of Non-Banking Financial Companies (NBFCs). The two types of NBFCs are Deposit-taking NBFCs (NBFCs-D) with 10 or more branches and Non-Deposit taking NBFCs (NBFCs-ND) with asset size of Rs.5,000 crore and above.

    Practice Next