Choose the incorrect statement regarding recently launched RBI's Integrated Ombudsman Scheme?
1
The Integrated Ombudsman Scheme was launched by Reserve Bank of India in November 2021.
2
The scheme is launched for Non-Banking Financial Company(NBFC), banks and pre-paid instrument players.
3
The scheme will amalgamate banking ombudsman scheme 2006, NBFC ombudsman scheme 2018 and Ombudsman scheme of digital transactions 2019.
4
The first centralized jurisdiction neutral receipt and processing center is set up in New Delhi.
5
The executive director of Consumer Education and Protection Department of RBI will be the appellate authority under the integrated scheme.