Question

    What is the maximum deposit amount insured by the

    DICGC?
    A Rupees Three Lakhs Correct Answer Incorrect Answer
    B Rupees Four Lakhs Correct Answer Incorrect Answer
    C Rupees Five Lakhs Correct Answer Incorrect Answer
    D Rupees Six Lakhs Correct Answer Incorrect Answer
    E Rupees Seven Lakhs Correct Answer Incorrect Answer

    Solution

    Each depositor in a bank is insured upto a maximum of ₹ 5,00,000 (Rupees Five Lakhs) for both principal and interest amount held by him in the same right and same capacity.

    Practice Next