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Banking Awareness · Q230

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 230

Q230

Insurance cover for bank deposits in our country is provided by

A.
SBI
B.
UCI
C.
DICGC
Answer
D.
GIC

Answer: Option C

Solution

Answer: Option C
Solution:
The bank deposits are insured by Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the Reserve Bank of India.