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SBI PO Financial Regulators — practice questions

31 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.

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The regulator of the securities market in India is:The regulator of the insurance sector in India is:Pension funds in India are regulated by:Which of these is a regulated entity under the ombudsman framework?An Internal Ombudsman must hold a rank equivalent to:The minimum experience required of an Internal Ombudsman is:A Deputy Internal Ombudsman must hold a rank equivalent to:The minimum experience required of a deputy is:Can a bank appoint its own former employee as Internal Ombudsman?An Internal Ombudsman must not be over what age at the end of tenure?How many Internal Ombudsmen must every bank appoint?May a deputy serve in more than one regulated entity at once?The appointment of an Internal Ombudsman is:The tenure of an Internal Ombudsman is a fixed term of at least:The total tenure of an Internal Ombudsman cannot exceed:Fresh appointment must begin how far ahead of a tenure expiring?A sudden vacancy must be reported to the Reserve Bank within:If both the ombudsman and deputy are absent, a stand-in may serve for:Emoluments of the ombudsman, once fixed, must not be changed:Functionally the Internal Ombudsman reports to the:The office of the Internal Ombudsman should preferably sit at the:Internal audit of the ombudsman framework is carried out:The internal audit must NOT assess the ombudsman's:Complaints reach the Internal Ombudsman only after they are:Which complaint is outside the ombudsman's purview?A final decision must reach the complainant within:In every case the ombudsman must record a:If a complaint is still rejected, the bank must point the customer to the:Contact details of the Internal Ombudsman are:Which department of the Reserve Bank reviews unaccepted decisions?An appointment must be reported to the Reserve Bank within: