Question
Consider the following statements with reference to
Banking Ombudsman Scheme:        I.           The scheme will provide redressal of customer complaints involving deficiency in services of government banks only.      II.           It amalgamates three ombudsman schemes of RBI - banking ombudsman scheme of 2006, ombudsman scheme for NBFCs of 2018 and ombudsman scheme of digital transactions of 2019.    III.           The scheme was launched for resolving customer grievances in relation to services provided by entities regulated by RBI in an expeditious and cost-effective manner. Which of the statements given above is/are not correct?Solution
Statement I is not correct - The unified ombudsman scheme will provide redress of customer complaints involving deficiency in services rendered by RBI regulated entities viz. All banks, NBFCs (Non-banking Financial Companies) and pre-paid instrument players if the grievance is not resolved to the satisfaction of the customers or not replied to within a period of 30 days by the regulated entity. Statement II is correct - It amalgamates three ombudsman schemes of RBI – the banking ombudsman scheme of 2006, the ombudsman scheme for NBFCs of 2018 and the ombudsman scheme of digital transactions of 2019. Statement III is correct - The scheme was launched for resolving customer grievances in relation to services provided by entities regulated by RBI in an expeditious and cost-effective manner.
If A # B means A is brother of B, A $ B means A is husband of B, A % B means A is mother of B, A @ B means A is daughter of B, then which of the followi...
A # B means ‘A is the brother of B’
A @ B means ‘A is the daughter of B’
A & B means ‘A is the husband of B’
A % B ...
If G*X$F%E@C%D is true then how is G related to D?
A & B means ‘A is the son of B’
A # B means ‘A is the sister of B’
A @ B means ‘A is the brother of B’
A % B mea...
If expression ‘R % T $ S # U $ V’ is true, then how is wife of V related to T’s mother?Â
If "G @ P & I % W & V # Q & K * M" is definitely true, then how is W related to K?
If ‘A % B’ means ‘A is the daughter of B’, ‘A & B’ means ‘A is the wife of B’, and ‘A # B’ means ‘A is the son of B’, then how i...
If 'F & T # U' is true, then how is F related to O?
'A @ B' means 'A is married to B'. 'A & B' means 'A is the sister of B'. 'A % B' means 'A is the daughter of B'. 'A $ B' means 'A is the father of B'. I...
- Answer the following question based on the direction given below.
If 'A $ B' means 'A is the father of B'
'A @ B' means 'A is the brother o...
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