Current Affairs · Insurance Sector Developments
What is 'Bima Sugam' and what is its key objective for India's insurance sector?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A one-stop digital marketplace for all types of insurance products aimed at increasing accessibility and transparency.✓
- 2A new platform for health insurance comparison and sales.
- 3A digital portal for motor insurance only, with a focus on claims and renewals.
- 4A regulatory body for the insurance sector in India.
Correct answer
A one-stop digital marketplace for all types of insurance products aimed at increasing accessibility and transparency.
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