Deposit Insurance Credit Guarantee Corporation DICGC provides insurance cover on bank deposits in wh...........

Economic Affairs Pension and Insurance

Deposit Insurance Credit Guarantee Corporation (DICGC) provides insurance cover on bank deposits in which of the following financial institutions?

All Scheduled Commercial Banks
All Cooperative Societies
All Foreign Banks
All Regional Rural Banks
All Non-Banking Financial Institutions

Select the correct code.

1,2&4 only

2,3,4&5 only

1,3&4 only

All of the above

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Explanation:

Both code 1,3&4 are correct.

DICGC covers all Scheduled commercial banks, foreign bank branches, regional rural banks, cooperative Banks except primary cooperative societies.
It does not cover Non-Banking Financial Companies (NBFC).

Hence option 3rd is correct.