Question

While commercial banks are integrated into the core architecture of the Payment and Settlement System, NBFCs ________. Furthermore, depositors of NBFCs are ________ to access the deposit insurance coverage facility provided by the DICGC.

A also form a part of it; eligible up to ₹5 lakh
B do not form part of it; completely ineligible
C can process clearings independently; eligible up to ₹2 lakh
D do not form part of it; eligible up to ₹5 lakh
E can issue cheques drawn on themselves; conditionally eligible up to ₹1 lakh
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