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Banking awareness quiz 72 (On Banking Ombudsmen)

Banking Quiz
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Q 1)Where the Reserve Bank of India first implemented Cheque Truncation System(CTS) ?









Q 2) What is a financial risk that exists when a financial transaction is denominated in a currency other than that of the base currency of the company ?









Q 3)Which of the following account is free from the hastles of Foreign currency exchange risk ?










Q 4) Banking includes in which schedule of indian constitution ?









Q 5) Which of the following appoints the Banking ombudsman ?









Q 6)As on Date,How many Banking Ombudsmen have been appointed in india ?









Q 7)Which of the following banks are not covered under the Banking Ombudsman Scheme ?









Q 8)What is the maximum amount to be paid by the bank to the complainant by way of compensation for any loss suffered by the complainant ?










Q 9) What is the maximum amount awarded by Ombudsman to the complainant for mental agony and harassment ?









Q 10)One can file the appeal against the award or decision of the Banking Ombudsman rejecting the complaint within ______ of the date of receipt of the Award.








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