After registration is cancelled, deposits stay covered until the:
ACancellation date
BCalculation date
CCirculation date
DConfirmation date
Answer & Solution
Correct answer: A. Cancellation date
1. Cover does not vanish retrospectively.
2. It runs up to the moment registration ends.
3. That moment is the date of cancellation.
_Source: DICGC, Guide to Deposit Insurance_
Keep practising Deposit Insurance
Browse all Deposit Insurance questions for IBPS Clerk, or explore more Banking Awareness topics.