Question

Which of the following bank/banks is/are insured by the Deposit Insurance and Credit Guarantee Corporation?

Select the correct answer using the codes given below:

• A. 1 and 3 only
• B. 2 and 3 only
• C. 1, 3, and 4 only
• D. 1, 2, 3 and 4

Answer 1

The correct option is C 1, 3, and 4 only

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.