RBI Grade B Deposit Insurance — practice questions
47 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice RBI Grade B Deposit Insurance in the app →DICGC insures bank deposits up to what amount per depositor?Which of these is insured by the DICGC?Which institution is NOT insured by the DICGC?Which deposit is excluded from DICGC cover?Deposits of which body are excluded from cover?The maximum amount insured per depositor per bank is:Deposits held in different branches of one bank are:A depositor with 5 lakh principal finds their accrued interest is:Deposits held at two different banks are:If two banks holding a person's funds close on the same day, funds are:Several savings and fixed accounts of one person at a bank are held in:Joint accounts of A, B and C in the same order are treated as:Before insurance is paid, a bank may set off its dues by way of:The deposit insurance premium is paid by:On liquidation the DICGC must pay the liquidator within:The DICGC deals with depositors of a liquidated bank:Membership of the deposit insurance scheme is:Registration may be cancelled if a bank misses premium for:Withdrawal of cover for premium default is announced through:After registration is cancelled, deposits stay covered until the:Claims of a bank under All-Inclusive Directions are settled within:The insured bank must submit the depositor list under AID within:The corporation operates under which statute?Which deposit is NOT insured by the DICGC?Deposits of which body are outside the insurance cover?Deposits with which institution are not covered by the DICGC?Which of these banks is insured by the DICGC?How many co-operative banks are covered by the DICGC today?Each depositor in a bank is insured up to a maximum of:The five lakh cover applies to the principal and the:Deposits in different branches of the same bank are:If a person holds deposits in two different banks, the cover is:If two banks holding a person's deposits close on the same day:A sole proprietor's firm deposit and personal deposit are:Can a bank set off its dues against an insured deposit?Who bears the cost of the deposit insurance premium?On liquidation, the DICGC pays the claim amount to the:On liquidation the DICGC must pay within how long of the claim list?Can a bank choose to leave the deposit insurance scheme?The DICGC may cancel registration if premium is unpaid for:A bank under AID must furnish the depositor list within:The DICGC verifies an AID claim list within:A depositor of a bank under AID must submit a signed:The Deposit Insurance Corporation began functioning on:India was which country in the world to insure bank deposits?The DIC and the CGCI merged into the DICGC in:Deposit insurance premium is now collected from banks: