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The Deposit Insurance and Credit Guarantee Corporation Act was passed in:
A1961
B1949
C1970
D1981
Answer & Solution
Correct answer: A. 1961
1. DICGC insures bank deposits.
2. Its Act is among the other relevant Acts.
3. It was passed in 1961.
_Source: Reserve Bank of India, About Us (rbi.org.in)._
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