Multiple choice

Banking lokpal scheme was started in the year

  1. 1991

  2. 1993

  3. 1995

  4. 1997

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Banking Ombudsman Scheme was first introduced in 1995 by the RBI to provide a grievance redressal mechanism for bank customers. It has been revised multiple times since then to expand its coverage and effectiveness.