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  1. With reference to the institution of Banking Ombudsmanin India, which one of the statements is NOT correct?
    1. The Banking Ombudsman is appointed by the Reserve Bank of India
    2. The Banking Ombudsman can consider complaints from Not-Resident Indians having accounts in India
    3. The service provided by the Banking Ombudsman is free of any fee
    4. The orders passed by the Banking Ombudsman are final and binding on the parties concerned
Correct Option: D

N/A


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