New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Question

    What is the objective of the Bima Sugam – Insurance

    Electronic Marketplace Regulations, 2024?
    A To promote universalization and democratization of insurance Correct Answer Incorrect Answer
    B To regulate the insurance industry effectively Correct Answer Incorrect Answer
    C To introduce a robust governance framework for insurers 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".

    Practice Next

    Relevant for Exams: