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Explanation: Ayushman Bharat Scheme is the world’s largest health assurance scheme. Year of Launch – 2018 as recommended by the National Health Policy, 2017 Ministry - Ministry of Health and Family Welfare (MoHFW) Aim – To achieve the vision of Universal Health Coverage (UHC) which encompasses promotive, preventive, curative, palliative and rehabilitative care. Funding – Centrally Sponsored Scheme (expenditure incurred in premium payment will be shared between Central and State governments) Coverage - Targets over 10 crore families (approximately 50 crore beneficiaries) based on SECC (Socio-Economic Caste Census) Implementing Agency – National Health Authority (NHA)
An environment where insurance is plentiful and sold at a lower cost, also known as a Buyer’s market is called?
What is the role of an actuary in the insurance industry?
A person named in a life insurance contract to receive the benefits of the policy if other named beneficiaries are not living is referred as ________.
The Private equity investors shall not hold more than _________ percent of the paid up equity share capital of the Indian insurance company.
In case of a motor accident, the first step to be taken by the insured is to:
A policy that covers the loss of stock due to refrigeration failure is:
What is the purpose of a "warranty" in an insurance policy?
Which of the following is NOT a common type of insurance policy?
Which part of the policy includes details such as policy duration and limits of liability?
What is the difference between a "condition" and a "warranty" in an insurance policy?
