Current Affairs · Government Schemes
Consider the following statements regarding insurance literacy initiatives and related institutions in India: 1. The Bima Sakhi initiative involves rural women self-help group members acting as insurance sub-agents under rural livelihood programs. 2. The scheme permits these individuals to function as comprehensive LIC agents purely on a fixed corporate salary basis. 3. Life Insurance Corporation of India (LIC) is a government-majority-owned statutory corporation established under the Life Insurance Corporation Act, 1956. 4. The Ministry of Rural Development plays no active role in implementing or promoting insurance agency-based livelihood models in rural sectors. How many of the above statements are correct?
- 1None
- 2All four
- 3Only three
- 4Only two✓
Correct answer
Only two
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