Question

The Deposit Insurance and Credit Guarantee Corporation allowed the customers of failed/stressed banks to withdraw upto Rs 5 lakh of deposit under the moratorium period and this amount equals to __________ of the total deposits held with banks.

Q: Answer-The Deposit Insurance and Credit Guarantee Corporation allowed the customers of failed/stressed bank...

The Rs 5-lakh deposit insurance cover, which was last year raised from Rs 1 lakh, will address 98.3 per cent of all deposit accounts by number, and 50.9 per cent of deposits by value.

A 20%

B 30.5%

C 40.8%

D 50.9%

E 80.3%

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The Deposit Insurance and Credit Guarantee Corporation allowed the customers of failed/stressed banks to withdraw upto Rs 5 lakh of deposit under the moratorium period and this amount equals to __________ of the total deposits held with banks.

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