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Q. Which of the following bank/banks is/are included in the Deposit Insurance and Credit Guarantee Corporation?

Select the correct answer using the codes given below:


A
1 and 3 only
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B
2 and 3 only
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C
1, 3 and 4 only
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D
1, 2, 3 and 4
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Solution

The correct option is C 1, 3 and 4 only

Explanation:

List of insured banks under Deposit Insurance and Credit Guarantee Corporation (DICGC):

  • Public sector banks
  • Private sector banks
  • Foreign banks
  • Small Finance banks
  • Payment banks
  • Regional rural banks
  • Local area banks
  • State cooperative banks
  • District central cooperative banks
  • Urban cooperative banks

Note: Primary cooperative societies are not covered under DICGC.


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