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May a deputy serve in more than one regulated entity at once?
ANo, never
BYes, in two
CYes, in three
DYes, in four
Answer & Solution
Correct answer: A. No, never
1. The ombudsman may serve several entities with approval.
2. The deputy is treated differently.
3. A deputy may not be employed in more than one entity.
_Source: Reserve Bank of India (Commercial Banks - Internal Ombudsman) Directions, 2026_
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