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    Question

    In DICGC what does G stands

    for?
    A Government Correct Answer Incorrect Answer
    B Grievance Correct Answer Incorrect Answer
    C Global Correct Answer Incorrect Answer
    D Goods Correct Answer Incorrect Answer
    E Guarantee Correct Answer Incorrect Answer

    Solution

    In “DICGC”, “G” stands for – Deposit Insurance and Credit Guarantee Corporation. It insures all types of deposits (e.g., Savings, Fixed, Recurring, etc.) with an insured bank but does not include deposits received from a foreign Government, the Central Government, a State Government, or another bank or any deposit received outside India.

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