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Which deposit is NOT insured by the DICGC?

AInter-bank deposit
BIndividual deposit
CInstitution deposit
DInstalment deposit
Answer & Solution
Correct answer: A. Inter-bank deposit
1. Savings, fixed, current and recurring deposits are covered. 2. A short list of deposits is carved out. 3. Inter-bank deposits are on that excluded list. _Source: Deposit Insurance and Credit Guarantee Corporation, Guide to Deposit Insurance and depositor FAQs_
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