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With reference to the Reserve Bank - Integrated Ombudsman Scheme, consider the following statements:
1. It aims to further improve the grievance redress mechanism for resolving customer complaints against entities regulated by RBI.
2. The central theme of the scheme is based on ‘One Nation-One Ombudsman’ with one portal, one email and one address for the customers to lodge their complaints.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the Reserve Bank - Integrated Ombudsman Scheme, cons...
Prime Minister Shri Narendra Modi will launch two innovative customer centric initiatives of the Reserve Bank of India on 12 November, 2021 at 11 AM via video conferencing. These initiatives are the RBI Retail Direct Scheme and the Reserve Bank - Integrated Ombudsman Scheme.
RBI Retail Direct Scheme
  • The RBI Retail Direct Scheme is aimed at enhancing access to government securities market for retail investors.
  • It offers them a new avenue for directly investing in securities issued by the Government of India and the State Governments.
  • Investors will be able to easily open and maintain their government securities account online with the RBI, free of cost.
Reserve Bank - Integrated Ombudsman Scheme
  • The Reserve Bank - Integrated Ombudsman Scheme aims to further improve the grievance redress mechanism for resolving customer complaints against entities regulated by RBI.
  • The central theme of the scheme is based on ‘One Nation-One Ombudsman’ with one portal, one email and one address for the customers to lodge their complaints.
  • There will be a single point of reference for customers to file their complaints, submit the documents, track status and provide feedback. A multi-lingual toll-free number will provide all relevant information on grievance redress and assistance for filing complaints.
  • Hence both statements are correct.
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Community Answer
With reference to the Reserve Bank - Integrated Ombudsman Scheme, cons...
Prime Minister Shri Narendra Modi will launch two innovative customer centric initiatives of the Reserve Bank of India on 12 November, 2021 at 11 AM via video conferencing. These initiatives are the RBI Retail Direct Scheme and the Reserve Bank - Integrated Ombudsman Scheme.
RBI Retail Direct Scheme
  • The RBI Retail Direct Scheme is aimed at enhancing access to government securities market for retail investors.
  • It offers them a new avenue for directly investing in securities issued by the Government of India and the State Governments.
  • Investors will be able to easily open and maintain their government securities account online with the RBI, free of cost.
Reserve Bank - Integrated Ombudsman Scheme
  • The Reserve Bank - Integrated Ombudsman Scheme aims to further improve the grievance redress mechanism for resolving customer complaints against entities regulated by RBI.
  • The central theme of the scheme is based on ‘One Nation-One Ombudsman’ with one portal, one email and one address for the customers to lodge their complaints.
  • There will be a single point of reference for customers to file their complaints, submit the documents, track status and provide feedback. A multi-lingual toll-free number will provide all relevant information on grievance redress and assistance for filing complaints.
  • Hence both statements are correct.
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With reference to the Reserve Bank - Integrated Ombudsman Scheme, consider the following statements:1. It aims to further improve the grievance redress mechanism for resolving customer complaints against entities regulated by RBI.2. The central theme of the scheme is based on ‘One Nation-One Ombudsman’ with one portal, one email and one address for the customers to lodge their complaints.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the Reserve Bank - Integrated Ombudsman Scheme, consider the following statements:1. It aims to further improve the grievance redress mechanism for resolving customer complaints against entities regulated by RBI.2. The central theme of the scheme is based on ‘One Nation-One Ombudsman’ with one portal, one email and one address for the customers to lodge their complaints.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Reserve Bank - Integrated Ombudsman Scheme, consider the following statements:1. It aims to further improve the grievance redress mechanism for resolving customer complaints against entities regulated by RBI.2. The central theme of the scheme is based on ‘One Nation-One Ombudsman’ with one portal, one email and one address for the customers to lodge their complaints.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Reserve Bank - Integrated Ombudsman Scheme, consider the following statements:1. It aims to further improve the grievance redress mechanism for resolving customer complaints against entities regulated by RBI.2. The central theme of the scheme is based on ‘One Nation-One Ombudsman’ with one portal, one email and one address for the customers to lodge their complaints.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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