Question
The Internal Ombudsman has been designated to the Credit
Information Companies with effect from ________.Solution
To enhance the effectiveness of its grievance redressal systems, the Reserve Bank of India ( RBI) has urged Credit Information Companies to designate an internal ombudsman ( IO) by April 1, 2023. The Central Bank made the decision in August to include CICs in the scope of the RBI- Integrated Ombudsman Scheme 2021 in order to broaden its appeal. The RBI claimed that the action would give clients of regulated businesses a free alternative dispute resolution method for complaints regarding CICs. Only complaints that the CIC has already reviewed but rejected in whole or in part will be handled by the IO. Direct complaints from complainants or members of the public won't be handled by it.
Choose the word/group of words which is opposite in meaning to the word/ group of words printed in bold as used in passage
FRAGILE
...Choose the word which is most nearly the same in meaning to the word ‘perennial’ as used in the passage.
Why were all the judges who revolted, were upset with the CJI?
Which of the following is the most opposite in meaning to the word ‘ deteriorate’ as used in the passage?
Which of the following is a near synonym of the word ‘prognosticate’?
How did Parth get to school that day?
Which of the following is most nearly SIMILAR of the word Prodded as used in the passage?
Choose the option that is opposite in meaning to SPRAWL highlighted in the passage.
What could be the possible meaning of the phrase ‘unfailing regularity’ as used in the passage ?
What will suffer due to deception in the account books?
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