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What does the acronym DICGC mean?

A. District Industries Centre and Government College

B. Department of Insurance in Central Govt. Company

C. Deposit Insurance and Credit Guarantee Corporation

D. Deputy Inspector & Commissioner General for Commodities Trading

Related Questions on Banking Awareness Test Questions

What does 'Nomination' for a deposit account in the bank mean?

A. Mandate given by the close relatives of the depositor to settle the death claim in case of death of the depositor

B. Mandate decided by the bank to settle the death claim of its depositor

C. Mandate of the depositor in favor of one or more persons to claim the amount on death of the depositor

D. Mandate of the depositor in favor of a close relative who can claim the amount on death of the depositor