Question

    As per the RBI’s Internal Ombudsman Scheme, what is

    the asset size required for NBFC – NDs to appoint an internal ombudsman?
    A Rs. 2000 Crore Correct Answer Incorrect Answer
    B Rs. 5000 Crore Correct Answer Incorrect Answer
    C Rs. 10000 Crore Correct Answer Incorrect Answer
    D Rs. 15000 Crore Correct Answer Incorrect Answer
    E Rs. 20000 Crore Correct Answer Incorrect Answer

    Solution

      The RBI requires Non-Banking Financial Companies (NBFCs) with an asset size of Rs. 5000 Crore or more to appoint an internal ombudsman.

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