MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Earn 100

Banking Ombudsman Scheme is applicable to the business of:
(a)All scheduled commercial banks excluding RRBs
(b)All scheduled commercial banks including RRBs
(c)Only public sector banks
(d)All banking companies
(e)All scheduled banks except private banks

50% studentsanswered this correctly

Important Questions on Financial Reforms in Banking Sector
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
An ECS transaction gets bounced and you are unable to recover your money from your customer. Under which Act criminal action can be initiated?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
In which of the following fund transfer mechanisms, transaction is not subject to any waiting period?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
General Clients of various banks in India can make a complaint to which of the following offices, on the issues related to deficiency in services which do not get resolved at banks level?

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Ombudsman is appointed by:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
With a view to providing a simpler, faster, reliable and cost-effective solution for repetitive payment transactions such as salary, pension, interest, commission, dividend, etc by companies, corporations and government departments, the Reserve Bank introduced in April 1995 _____

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
The ECS (Credit) envisages:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
What is the individual credit limit under the ECS (Credit)?
