Railway Recruitment Board General Awareness — Question 1635
Question
What is the primary role of the Banking Ombudsman in India?
- Setting bank interest rates
- Resolving customer complaints against banks
- Printing currency notes
- Regulating the stock market
Correct answer
B — Resolving customer complaints against banks
Explanation (English)
The Banking Ombudsman is an RBI-appointed authority that resolves customer complaints against banks.
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