Economics · Banking Ombudsman
What is the primary function of the Banking Ombudsman in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To resolve complaints of bank customers regarding deficiency in services✓
- 2To regulate the interest rates of commercial banks
- 3To issue currency notes on behalf of the government
- 4To monitor international banking transactions
Correct answer
To resolve complaints of bank customers regarding deficiency in services
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