Question

    Up to _____ can depositors of Purvanchal Co-operative

    Bank expect to receive from DICGC upon liquidation?
    A ₹1 lakh Correct Answer Incorrect Answer
    B ₹2 lakh Correct Answer Incorrect Answer
    C ₹3 lakh Correct Answer Incorrect Answer
    D ₹4 lakh Correct Answer Incorrect Answer
    E ₹5 lakh Correct Answer Incorrect Answer

    Solution

    Depositors are eligible to receive a maximum of ₹5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC) as per their deposit insurance coverage.

    Practice Next