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How many co-operative banks are covered by the DICGC today?
ANone of them
BSome of them
CAll of them
DHalf of them
Answer & Solution
Correct answer: C. All of them
1. State, central and primary co-operative banks may be covered.
2. The state must have amended its Co-operative Societies Act.
3. At present all co-operative banks are covered.
_Source: Deposit Insurance and Credit Guarantee Corporation, Guide to Deposit Insurance and depositor FAQs_
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