Pick the right answer, quickly

Exercise and reference answers

Questions

1. Question

   Cover per depositor per bank:

   Choices

   1. One lakh
   2. Five lakh
   3. Ten lakh

   Correct choice

   Five lakh

2. Question

   The DIC began work in:

   Choices

   1. 1952
   2. 1962
   3. 1972

   Correct choice

   1962

3. Question

   The first country to insure deposits:

   Choices

   1. India
   2. Britain
   3. United States

   Correct choice

   United States

4. Question

   The DIC and CGCI merged in:

   Choices

   1. 1968
   2. 1978
   3. 1988

   Correct choice

   1978

5. Question

   Premium is collected:

   Choices

   1. Half yearly
   2. Monthly
   3. Weekly

   Correct choice

   Half yearly

Instructions

Tap the correct answer before the round moves on.

Explanation