Multiple choice

Each depositor in a bank is insured for up to a maximum of Rs. ___________ for both prinicpal and interest amount.

  1. 4,00,000

  2. 3,00,000

  3. 1,00,000

  4. 2,00,000

  5. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Correct choice. Each depositor in a bank can be insured for up to a maximum of Rs. 1,00,000 for both prinicpal and interest amount.