Correct option is C
Statement 1 is correct.
Deposit Insurance and Credit Guarantee Insurance Corporation is a subsidy of the Reserve Bank of India.
Statement 2 is correct.
Deposit up to Rs. 5 lakh are insured by it.
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Question
With reference to Deposit Insurance and Credit Guarantee Insurance Corporation, which of the following statements is/are correct?
1. A subsidy of Reserve Bank of India
2. Deposit upto Rs. 5 lakh are insured by it.
Select the correct answer using the codes given below:
Codes:
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