Statement A is correct as it accurately reflects the information provided about the corporate agency arrangement between LIC and IDFC First Bank Ltd. The partnership allows over 1 crore customers of IDFC First Bank to buy LIC policies online through the bank's website, providing a seamless experience for their life insurance needs due to the high percentage of online transactions conducted by the bank's customers. Statements B and E are incorrect because the arrangement focuses on life insurance policies, not health insurance, and it aims to enhance, not restrict, accessibility and convenience for customers seeking life insurance solutions. Statement C is incorrect because it incorrectly states that less than 50% of IDFC First Bank's transactions are conducted online, whereas the correct information is that over 95% of the bank's transactions happen online. Statement D is incorrect as it misattributes the statement to R Doraiswamy and incorrectly states that the tie-up will provide LIC's customers with a wide range of IDFC First Bank's products, instead of IDFC First Bank's customers having access to LIC's products.
Sovereign Gold Bonds are the government securities denominated in grams of gold and they are issued by the RBI on behalf of the government.The tenor of ...
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Pradhan Mantri MUDRA Yojana is aimed at
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