What is the objective of the Bima Sugam – Insurance

Q: Answer-What is the objective of the Bima Sugam – Insurance Electronic Marketplace Regulations, 2024?

the Bima Sugam Insurance Electronic Marketplace Regulations, 2024, aim for the universalization and democratization of insurance, targeting Insurance for all by 2047.

Electronic Marketplace Regulations, 2024?

A To regulate the insurance industry effectively Correct Answer Incorrect Answer

B To introduce a robust governance framework for insurers Correct Answer Incorrect Answer

C To promote universalization and democratization of insurance Correct Answer Incorrect Answer

D To enhance transparency in insurance operations Correct Answer Incorrect Answer

E None of these Correct Answer Incorrect Answer

Solution

the Bima Sugam – Insurance Electronic Marketplace Regulations, 2024, aim for the universalization and democratization of insurance, targeting "Insurance for all by 2047".

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