Start learning →

How many Internal Ombudsmen must every bank appoint?

AAt least two
BAt least four
CAt least five
DAt least one
Answer & Solution
Correct answer: D. At least one
1. The number is reviewed once a year by a board committee. 2. It depends on the volume and complexity of complaints. 3. The floor is at least one. _Source: Reserve Bank of India (Commercial Banks - Internal Ombudsman) Directions, 2026_
Practise this question with Quill — IBPS Clerk →

Keep practising Financial Regulators

Browse all Financial Regulators questions for IBPS Clerk, or explore more Banking Awareness topics.

Start a Financial Regulators lesson →