Start learning →

Which institution is NOT insured by the DICGC?

APublic commercial bank
BPrimary co-operative society
CPrimary co-operative bank
DPrivate commercial bank
Answer & Solution
Correct answer: B. Primary co-operative society
1. All co-operative banks are covered at present. 2. So are all commercial banks. 3. A primary co-operative society is not a bank and is not insured. _Source: DICGC, Guide to Deposit Insurance_
Practise this question with Quill — IBPS Clerk →

Keep practising Deposit Insurance

Browse all Deposit Insurance questions for IBPS Clerk, or explore more Banking Awareness topics.

Start a Deposit Insurance lesson →