Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: | Claims Process and Liquidation Rules

Q9: There is ...... prescribed in the Scheme for a customer/depositor for claiming a refund from the DEA Fund.

A
a 3-year time limit
B
a 10-year time limit
C
no specific time limit
D
a 1-year time limit
✅ Correct Answer: C
There is no specific time limit prescribed in the Scheme for a customer or depositor to claim a refund from the DEA Fund.