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The number of complaints with the Banking Ombudsman registered during 2018 increased by: - Current Affairs Including General Knowledge

Question

MCQ

The number of complaints with the Banking Ombudsman registered during 2018 increased by:

Options

  • 10%

  • 15%

  • 20%

  • 25%

Solution

25%

Explanation: The number of complaints registered at banking ombudsman offices have seen a 25% increase in the fiscal year 2018, with the majority of these complaints coming from urban centres owing to increased awareness and poor internal redressal mechanisms of banks.

Concept: Economic Current Affair (Entrance Exam)
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