Question
Which of the following Statements about the DICGC
is/are True? I- Deposit Insurance and Credit Guarantee Corporation (DICGC) is a wholly owned subsidiary of Reserve Bank of India. II- It was established in 1978. III- DICGC insures only Savings account up to Rs. 5lac.Solution
Deposit Insurance and Credit Guarantee Corporation (DICGC) is a wholly owned subsidiary of Reserve Bank of India. It was established on 15 July 1978 under the Deposit Insurance and Credit Guarantee Corporation Act, 1961 for the purpose of providing insurance of deposits and guaranteeing of credit facilities. DICGC insures all bank deposits, such as saving, fixed, current, recurring deposit for up to the limit of Rs. 500,000 of each deposit in a bank.
Who wrote 'A Dismantled State', a book that explores the untold story of Kashmir after the abrogation of Article 370?
Which country became the largest recipient of the Asian Development Bank (ADB)-funded programmes/projects in the year 2022?
Which of the following is a source of tax revenue?
Which festival in West Bengal is recognized as an Intangible Cultural Heritage by UNESCO?
What is the total amount the Asian Development Bank (ADB) plans to mobilize over five years to support India’s urban infrastructure development?
Dahi - Handi ” has been Recognised as an Official Sport of which state?
Who has been appointed as the new Chairman of the Fertiliser Association of India (FAI)?
What percentage of operational waste did Hindalco recycle in FY24?
E-commerce major Flipkart Group has committed to achieving a net-zero carbon emissions target in its own operations by ___.
What is the name of the first make-in-India ASTDS tug inaugurated by Union Minister Sarbananda Sonowal?
Relevant for Exams:
