Question Details

Detailed explanation and options for the selected question.

What is the role of the Deposit Insurance and Credit Guarantee Corporation (DICGC)?

A. Insuring bank employees
B. Providing insurance for bank deposits
C. Regulating banking policies
D. Guaranteeing interbank loans

Explanation:

The DICGC insures deposits in banks up to a specified limit. The other options are not functions of the DICGC.