Question
What is the primary objective of the Banking Ombudsman
Scheme introduced by the RBI?Solution
The Banking Ombudsman Scheme was introduced by the Reserve Bank of India (RBI) in 1995 under the Banking Regulation Act, 1949. Its objective is to offer a quick, cost-effective resolution for complaints regarding banking services. The scheme simplifies the grievance redress process by providing a centralized mechanism for customers to register complaints, aiming for a speedy and satisfactory resolution. The Banking Ombudsman, appointed by the RBI, handles complaints through settlement or by issuing an award. The scheme has been revised multiple times, with the latest revision in 2017.
Select the option that is related to the third number in the same way as the second number is related to first number and the sixth number is related t...
Select the option that is related to the third word in the same way as the second word is related to the first word.
Joy: Delight :: Barrier: ?
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3478 : ? :: 6527 : 114
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W _ _ C H S _ _ T C _ ...
If N = 28, NET = 78, then ‘NEAT’ will be equal to?Â
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Select the option that is related to the third number in the same way as the second number is related to first number and the sixth number is related t...
Figure A is related to B following a certain pattern. Following the same pattern, figure C is related to D. Study the pattern and select the figure whi...
