Question

    Under which Act, Banking ombudsman has been constituted?

    A RBI Act Correct Answer Incorrect Answer
    B SBI Act Correct Answer Incorrect Answer
    C Companies Act Correct Answer Incorrect Answer
    D Banking Regulation Act Correct Answer Incorrect Answer
    E SEBI Act Correct Answer Incorrect Answer

    Solution

    Banking Ombudsman is a quasi judicial authority functioning under India’s Banking Ombudsman Scheme 2006.

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