With reference to the institution of Banking Ombudsman in India, which one of the statements is not correct ?

• A. The Banking Ombudsman is appointed by the Reserve Bank of India
• B. The Banking Ombudsman can consider complaints from Non-Resident Indians having accounts in India
• C. The orders passed by the Banking Ombudsman are final and binding on the parties concerned
• D. The service provided by the Banking Ombudsman is free of any fee