Question

    Which of the following schemes were integrated to form the Reserve Bank - Integrated Ombudsman Scheme, 2021?

    A Banking Ombudsman Scheme, 2006 Correct Answer Incorrect Answer
    B Ombudsman Scheme for Non-Banking Financial Companies, 2018 Correct Answer Incorrect Answer
    C Ombudsman Scheme for Digital Transactions, 2019 Correct Answer Incorrect Answer
    D A & B Correct Answer Incorrect Answer
    E All the above Correct Answer Incorrect Answer

    Solution

    The Reserve Bank - Integrated Ombudsman Scheme, 2021 was launched on 12 November 2021 in virtual mode by Hon‟ble Prime Minister Shri Narendra Modi. The Scheme integrates the existing three Ombudsman Schemes of RBI, the Banking Ombudsman Scheme, 2006; the Ombudsman Scheme for NonBanking Financial Companies, 2018, and the Ombudsman Scheme for Digital Transactions, 2019, realizing „One Nation One Ombudsman”

    Practice Next