New Upcoming Legal Jobs Free Workshop March 11 at 5 PM. Register here

    Question

    The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is

    administered through:
    A Life Insurance Corporation (LIC) of India only Correct Answer Incorrect Answer
    B Public Sector General Insurance Companies (PSGICs) only Correct Answer Incorrect Answer
    C All Public and Private Sector General Insurance Companies Correct Answer Incorrect Answer
    D Any insurance company approved by the Insurance Regulatory and Development Authority of India (IRDAI) Correct Answer Incorrect Answer
    E All nationalized banks Correct Answer Incorrect Answer

    Solution

    This allows for wider participation and competition in offering the scheme.

    Practice Next