n NISM Certifications
X NISM Series X
Medium

The first level of complaint against a bank should be filed with __________.

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Civil Court

  2. B

    Banking Ombudsman

  3. The bank itself

    Correct answer

  4. D

    RBI

Why this is the answer

The bank has a dedicated customer grievance redressal department; only if unresolved, then approach the Banking Ombudsman.

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