Start learning →

A depositor with 5 lakh principal finds their accrued interest is:

ANot insured
BHalf insured
CFully insured
DPart insured
Answer & Solution
Correct answer: A. Not insured
1. Principal and interest are covered together up to the limit. 2. The principal alone already fills the limit. 3. So the interest falls above it 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 →