Important Banking Awareness Quizzes (Topic Wise) for Upcoming IBPS Exams 2017

Important Banking Awareness Quizzes (Topic Wise) for Upcoming IBPS Exams 2017:

Dear Readers, Here we have provided the Important Banking Awareness Quizzes based on particular topic, which will help to understand and prepare in a better way. Candidates those who are preparing for upcoming IBPS Exams 2017 can make use of it.

Banking Ombudsman Scheme

1). The Banking Ombudsman Scheme was introduced under --------------------------

1).
Answer: b)

2. Banking Ombudsman Scheme was introduced in -------------------

2).
Answer: e)

3. The Banking Ombudsman Scheme was first time revised in -------------------

3).
Answer: c)

4. The current Banking Ombudsman Scheme became operative from--------------------

4). The Banking Ombudsman Scheme, 2006, which has wider extent and scope than its previous versions, like online submission of complaints is possible
Answer: d)

5. Which of the following banks covered under the Banking Ombudsman Scheme?

5). All Scheduled Commercial Banks, Regional Rural Banks and Scheduled Primary Co-operative Banks are covered under the Banking Ombudsman Scheme
Answer: e)

6. The Banking Ombudsman Scheme was introduced under --------- of the Banking Regulation Act, 1949 by RBI

6).
Answer: a)

7. Which of the following is the first country to introduce Banking Ombudsman Scheme?

7).
Answer: b)

8. What is the need to introduce Banking Ombudsman Scheme?

8).
Answer: c)

9. The Banking Ombudsman is a senior official appointed by the --------------------------

9). The Banking Ombudsman is a senior official appointed by the RBI
Answer: e)

10. The tenure period of Banking Ombudsman appointment is -----------------------

10).
Answer: b)

11. Banking Ombudsman charge Rs ---------------- fee for filing and resolving customer's complaints.

11).Banking Ombudsman charge no fee for filing and resolving customer's complaints.
Answer: e)

12. Whom does the RBI appoint for Banking Ombudsman post?

12).RBI used to appoint reputed persons from banking, finance, management, legal etc. sectors as Banking Ombudsmen. But now RBI has reserved it for its own Chief General Managers and General Managers.
Answer: d)

13. What is the maximum amount of compensation under Banking Ombudsman scheme 2006?

13).
Answer: e)

14. Who is the Appellate authority of Banking Ombudsman?

14).
Answer: b)

15. Any person can file a complaint before the the Banking Ombudsman, if the reply is not received from the bank within a period of--------------------------

15).
Answer: c)

16. If any loss suffered by the complainant then complainant will get Rs -----------------------

16).
Answer: d)

17. The Banking Ombudsman may award compensation not exceeding ----------------- to the complainant only in the case of complaints relating to credit card operations for mental agony and harassment.

17).
Answer: a)

18. How many Banking Ombudsmen have been appointed?

18). There are 20 regional offices of Banking Ombudsmen in India. The latest offices are opened Jammu & Raipur
Answer: d)