Question

What is the maximum deposit insurance coverage amount provided by DICGC in India?

A ₹1 lakh Correct Answer Incorrect Answer
B ₹2 lakh Correct Answer Incorrect Answer
C ₹3 lakh Correct Answer Incorrect Answer
D ₹5 lakh Correct Answer Incorrect Answer
E ₹10 lakh Correct Answer Incorrect Answer

Solution

The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides deposit insurance coverage up to ₹5 lakh per depositor, covering all types of deposits like savings, fixed, current, and recurring.

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