Multiple choice

Limitation period for filling of the review application against the award given by the Banking Ombudsman is

  1. 60 days

  2. 45 days

  3. 30 days

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

If one is aggrieved by the decision, one may, within 30 days of the date of receipt of the award, appeal against the award before the appellate authority. The appellate authority may, if he/she is satisfied that the applicant had sufficient cause for not making an application for appeal within time, also allow a further period not exceeding 30 days.

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