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.

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