Which deposit is excluded from DICGC cover?
AInter-bank deposit
BInter-city deposit
CInter-branch deposit
DInter-account deposit
Answer & Solution
Correct answer: A. Inter-bank deposit
1. Savings, fixed, current and recurring deposits are all covered.
2. A short list of exclusions follows.
3. Inter-bank deposits are on that list.
_Source: DICGC, Guide to Deposit Insurance_
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