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    Question

    What is the objective of the Bima Sugam – Insurance

    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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