Question

    In what year was the Deposit Insurance and Credit

    Guarantee Corporation (DICGC) established?
    A 1978 Correct Answer Incorrect Answer
    B 1954 Correct Answer Incorrect Answer
    C 1985 Correct Answer Incorrect Answer
    D 1970 Correct Answer Incorrect Answer
    E 1980 Correct Answer Incorrect Answer

    Solution

    Founded in 1978, the DICGC operates under the Reserve Bank of India to insure deposits and guarantee credit facilities to foster trust and stability within the banking sector.

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