Question

    Deposit Insurance and Credit Guarantee Corporation (DICGC) provide funds up to Rs 5 lakh to an account holder within the Period of ________days.

    A 85 Days Correct Answer Incorrect Answer
    B 90 Days Correct Answer Incorrect Answer
    C 95 Days Correct Answer Incorrect Answer
    D 100 Days Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    the Union Cabinet has cleared the Deposit Insurance and Credit Guarantee Corporation (DICGC) Bill, 2021. It will provide funds up to Rs 5 lakh to an account holder within 90 days in the event of a bank coming under the moratorium imposed by the Reserve Bank of India (RBI).

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