Question

Which of the following is not an Insured Co-operative Bank?

• A. Kerala Bank
• B. B) Malappuram DCB
• C. Urban Co-operative Banks
• D. Rural Banks

Answer 1

Answer:

D. Rural Banks

The answer is D) Rural Banks, specifically those that aren't officially registered Regional Rural Banks (RRBs) or are unlicensed/informal; while Kerala Bank, Malappuram DCB (now Kerala Bank), and Urban Co-operative Banks are insured by DICGC, "Rural Banks" (implying non-RRB, informal ones) are the category that can lack coverage