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    Question

    In DICGC what does G stands

    for?
    A Government Correct Answer Incorrect Answer
    B Grievance Correct Answer Incorrect Answer
    C Global Correct Answer Incorrect Answer
    D Goods Correct Answer Incorrect Answer
    E Guarantee Correct Answer Incorrect Answer

    Solution

    In тАЬDICGCтАЭ, тАЬGтАЭ stands for тАУ Deposit Insurance and Credit Guarantee Corporation. It insures all types of deposits (e.g., Savings, Fixed, Recurring, etc.) with an insured bank but does not include deposits received from a foreign Government, the Central Government, a State Government, or another bank or any deposit received outside India.

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