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A sudden vacancy must be reported to the Reserve Bank within:
A40 working days
B10 working days
C20 working days
D30 working days
Answer & Solution
Correct answer: B. 10 working days
1. Resignation, illness or death may create the vacancy.
2. A replacement follows within three months.
3. The report is due within 10 working days.
_Source: Reserve Bank of India (Commercial Banks - Internal Ombudsman) Directions, 2026_
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