Question
Deposit Insurance and Credit Guarantee Corporation
(DICGC) provide funds up to Rs 5 lakh to an account holder within the Period of ________days.Solution
the Union Cabinet has cleared the Deposit Insurance and Credit Guarantee Corporation (DICGC) Bill, 2021. It will provide funds up to Rs 5 lakh to an account holder within 90 days in the event of a bank coming under the moratorium imposed by the Reserve Bank of India (RBI).
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