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IBPS RRB Office Assistant Deposit Insurance — practice questions

Explore 1 free Deposit Insurance questions in IBPS RRB Office Assistant Financial Awareness. Open each question or exercise to read its content, reference answers and available explanation.

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Deposit Insurance questions and exercises with answers

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DICGC insures bank deposits up to what amount per depositor?Read the answer and worked solution →

Worked practice questions

DICGC insures bank deposits up to what amount per depositor?

  1. Rs 1 lakh
  2. Rs 2 lakh
  3. Rs 5 lakh
  4. Rs 10 lakh
Show answer and solution

Correct answer: C. Rs 5 lakh

1. The question asks: DICGC insures bank deposits up to what amount per depositor. 2. Correct answer: Rs 5 lakh. 3. Since 2020, DICGC cover is Rs 5 lakh per depositor per bank. _Source: BOI Quick Revision — General Banking & Financial Awareness (2020), Deposit Insurance_

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