Question
Deposit Insurance and Credit Guarantee Corporation
(DICGC), a subsidiary of RBI, is responsible for: Insuring all bank deposits for up to the limit of Rs.500,000 of each deposits in a bank Insuring retail loans of upto Rs.500,000 of all Scheduled Commercial Banks Insuring crop loans of upto Rs.100,000 of all Scheduled Commercial BanksSolution
Deposit Insurance and Credit Guarantee Corporation (DICGC) is a subsidiary of Reserve Bank of India. It was established on 15 July 1978 under Deposit Insurance and Credit Guarantee Corporation Act, 1961 for the purpose of providing insurance of deposits and guaranteeing of credit facilities. DICGC insures all bank deposits, such as saving, fixed, current, recurring deposits for up to the limit of Rs.500,000 of each deposits in a bank.  The limit was increased from 1 lakh to 5 lakh on 4th February 2020.
________ is the largest US electronic stock market in terms of shares traded and is the home to leading companies across all industry sectors such as Mi...
Calculate debt to total assets ratio of the company?
A company’s warehouse was damaged by fire after the balance sheet date but before the approval of accounts. Under Ind AS 10, this is:
The unpaid amount on shares that a company can call upon from its shareholders at a later date is called:
Which of the following best describes ‘amortisation of debenture issue expenses’?
Monthly purchases = ₹20 lakh, lead time = 2 months. What is the LC amount required for an Inland Letter of Credit (LC)?
If an asset’s recoverable amount is less than its carrying amount, what is the correct treatment under Ind AS 36?
Which of the following is an example of real-time internet usage?
Decision Support Systems (DSS) are primarily designed to support which type of decision problems in an ently?
Parent Ltd. acquires 80% shares of Subsidiary Ltd. for ₹8,00,000 when Subsidiary’s net assets = ₹9,00,000. Calculate Minority Interest at acquisit...
Relevant for Exams:
