n NISM Certifications
X NISM Series X
Medium

Within what period should the insurance ombudsman make a recommendation for a complaint?

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. Within 1 month

    Correct answer

  2. B

    Within 45 days

  3. C

    Within 2 weeks

  4. D

    Within 1 week

Why this is the answer

The ombudsman is required to make a recommendation within one month of receiving the complaint.

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