Question 1 / Deposit Insurance and Customer Protection
Which option matches this RBI Assistant Mains General Awareness clue: the corporation abbreviated DICGC?
A.
Rs. 5 lakh
B.
Principal and interest
C.
Per depositor per bank
D.
Deposit Insurance and Credit Guarantee Corporation
Correct answer
D. Deposit Insurance and Credit Guarantee Corporation
Why
Deposit Insurance and Credit Guarantee Corporation is the correct match because it refers to DICGC full form.
Question 2 / Deposit Insurance and Customer Protection
Which option matches this RBI Assistant Mains General Awareness clue: the maximum DICGC insurance amount for principal plus interest?
A.
Per depositor per bank
B.
Separate banks
C.
Rs. 5 lakh
D.
Principal and interest
Correct answer
C. Rs. 5 lakh
Why
Rs. 5 lakh is the correct match because it refers to deposit insurance limit.
Question 3 / Deposit Insurance and Customer Protection
Which option matches this RBI Assistant Mains General Awareness clue: the two components insured by DICGC up to the maximum limit?
A.
Same right and same capacity
B.
Principal and interest
C.
Per depositor per bank
D.
Separate banks
Correct answer
B. Principal and interest
Why
Principal and interest is the correct match because it refers to insured deposit components.