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Deposits of which body are outside the insurance cover?
ACentral corporation
BCentral Government
CCentral co-operative
DCentral university
Answer & Solution
Correct answer: B. Central Government
1. Some depositors are excluded by their nature.
2. Foreign governments are one such class.
3. Central and state government deposits are another.
_Source: Deposit Insurance and Credit Guarantee Corporation, Guide to Deposit Insurance and depositor FAQs_
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