MPSC PYQEconomics

Consider the following statements: (a) The Deposit Insurance and Credit Guarantee Corporation (Amendment) Act, passed by the Parliament in 2021. (b) The deposit insurance premium is recovered from the depositors. (c) The deposit insurance premium is compulsory for all insured banks. Which of the statement/s given above is/are correct?

A.Only (a) and (b) are correct
B.Only (a) and (c) are correct
C.Only (b) and (c) are correct
D.All of the above are correct

Correct answer: B

Source paper

MPSC Sub-Ordinate Group B Combined Pre 2022 (English)

Practice more questions