Which of the following types of deposits are not insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC)?​

Correct option is C

The Deposit Insurance and Credit Guarantee Corporation (DICGC) insures all deposit accounts such as savings, fixed, current, and recurring deposits held by individuals in commercial banks, regional rural banks (RRBs), and cooperative banks—up to a maximum of ₹5 lakh per depositor per bank (including principal and interest).

However, the following are not covered under DICGC insurance:

• Deposits of foreign governments

• Deposits of Central and State Governments

• Inter-bank deposits

• Deposits of State Land Development Banks with State Cooperative Banks

• Deposits received outside India

• Any amount specifically exempted by the DICGC with RBI’s approval