RBI Ombudsman Called As “रिज़र्वबैंक ओम्बड्समैन योजना 2021”:
The Lokpal and Lokayuktas Act, 2013 mandates the establishment of Lokpal at the Union level and Lokayuktas at the State level to investigate allegations of corruption against public officials. The term “Lokpal” is exclusively designated for the body created under this Act and came into force on January 16, 2024, under Section 3 of the Act. However, the Reserve Bank of India (RBI) had introduced the Reserve Bank-Integrated Ombudsman Scheme (RB-IOS), 2021, which was erroneously translated into Hindi as “रिज़र्वबैंक-एकीकृत लोकपाल योजना, 2021.”