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

  • google app store apple app store
  • âś–

      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.
      A 20% Correct Answer Incorrect Answer
      B 30.5% Correct Answer Incorrect Answer
      C 40.8% Correct Answer Incorrect Answer
      D 50.9% Correct Answer Incorrect Answer
      E 80.3% Correct Answer Incorrect Answer

      Solution

      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.

      Practice Next
      ask-question