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The RBI introduced the Banking Ombudsman Scheme in

A1995

B2000

C2002

D2006

Answer:

A. 1995

Read Explanation:

  • The Banking Ombudsman Scheme was first introduced in India in 1995 and was revised in 2002.


Related Questions:

Which one of the following is considered as the 'Policy Rate' in the monitory policy statement of India?

Which of the following factors can directly affect the Credit Creation ability of the banks?

  1. Cash Reserve Ratio
  2. REPO Rate
  3. Statutory Liquidity Ratio
  4. Inflation