With reference to the proposals for changes in the Deposit Insurance and Credit Guarantee Corporation (DICGC) in the Budget 2020-21 which of the following statements is/are correct? 1. It has been proposed to hike the bank deposit insurance in scheduled commercial banks to Rs 5 lakh per depositor from the current Rs 1 lakh.Deposits of foreign governments and 2. Deposits of Central/State Governments will also be covered under the scheme 3. Only Primary Cooperative Societies will also be covered under DICGC Select the correct answer using the codes given below: - Study24x7
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UPSC & State PSC
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With reference to the proposals for changes in the Deposit Insurance and Credit Guarantee Corporation (DICGC) in the Budget 2020-21 which of the following statements is/are correct? 1. It has been proposed to hike the bank deposit insurance in scheduled commercial banks to Rs 5 ...

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A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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