Banking Questions 36: Banking Ombudsmen, LC and Bank Guarantee

Banking Questions 36: Banking Ombudsmen, LC and Bank Guarantee

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Hello Readers,

This is another sheet on banking awareness Questions. This material will help you know more about Banking Awareness questions related to Daily Banking Operations. These questions are often asked upcoming IBPS PO/RRB/Clerk/SO exams and other banking exams as well. This sheet is based on questions from banking ombudsman, letter of credit and bank guarantee

A Quick Review

1. In case of Banking Ombudsmen who is the appetite authority?
A) Governor of RBI
B) Former Governor of RBI
C) Deputy Governor of RBI
D) Finance Secretory
E) None of these.

10. In normal Circumstances what is the maximum time in which an applicant can file an appeal to the appellate authority.
A) 30 days
B) 40 days
C) 45 days
D) 15 days
E) None of these.

11. An extension of maximum of _____ days can be given by the appellate authority in exceptional cases.
A) 30 days
B) 40 days
C) 45 days
D) 15 days
E) None of these

Banking Awareness Questions: Banking Awareness SHeet 36 [wpdm_package id=’3029′]

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