BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Up to how much of your money is insured by the FDIC or NCUA when it is kept in a financial institution?
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$100, 000
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$250, 000
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$1, 000, 000
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$500, 000
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Explanation:
Detailed explanation-1: -The standard deposit insurance coverage limit is $250, 000 per depositor, per FDIC-insured bank, per ownership category.
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