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The maximum amount insured per depositor per bank is:

AThree lakh
BSeven lakh
CFive lakh
DFour lakh
Answer & Solution
Correct answer: C. Five lakh
1. The cover runs to both principal and interest together. 2. It applies to holdings in the same right and same capacity. 3. The ceiling is five lakh rupees. _Source: DICGC, Guide to Deposit Insurance_
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