MCQOPTIONS
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| 1. |
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. |
| Answer» D. The service provided by the Banking Ombudsman is free of any fee. | |