New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    The Insurance Ombudsman was established to: 

    A Promote insurance sales Correct Answer Incorrect Answer
    B Resolve customer grievances Correct Answer Incorrect Answer
    C Regulate reinsurance business Correct Answer Incorrect Answer
    D Train insurance agents Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Explanation: The correct answer is B. Resolve customer grievances. The Insurance Ombudsman is an independent authority that helps resolve customer complaints against insurance companies.

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