insurence exam NICL Assistant (Pre + Mains) Mock Test 2024 Banking and Financial Awareness Basic Banking Concepts
Which one of the following statement is correct about the Insurance Ombudsman?
1
Ombudsman are drawn from Insurance Industry, Civil Services and Judicial Services
2
An insurance Ombudsman is appointed for a term of three years
3
He can serve till the incumbent attains the age of seventy years.
4
He can be removed by The Executive Council of Insurers
5
All are correct