📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      What is the ceiling on amount of Insured deposits kept

      by one person in different branches of a bank?
      A 2 lakhs Correct Answer Incorrect Answer
      B 3 lakhs Correct Answer Incorrect Answer
      C 4 lakhs Correct Answer Incorrect Answer
      D 5 lakhs Correct Answer Incorrect Answer
      E 6 lakhs Correct Answer Incorrect Answer

      Solution

      The deposits kept in different branches of a bank are aggregated for the purpose of insurance cover and a maximum amount of upto Rupees five lakhs is paid.

      Practice Next
      More Economy and Banking and Finance Current Affairs Questions
      ask-question