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Claims of a bank under All-Inclusive Directions are settled within:
A45 days
B90 days
C30 days
D60 days
Answer & Solution
Correct answer: B. 90 days
1. The bank must file the depositor list within 45 days.
2. Settlement then follows under section 18A.
3. The corporation must settle within 90 days.
_Source: DICGC, Guide to Deposit Insurance_
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