Explanation :
<div style="text-align: justify;">Each depositor in a bank is insured upto a maximum of <b>₹ 5,00,000 (Rupees Five Lakhs)</b> for both principal and interest amount held by him in the same right and same capacity as on the date of liquidation/cancellation of bank`s licence or the date on which the scheme of amalgamation/merger/reconstruction comes into force.</div>
Correct Answered :
Wrong Answered :