Current Affairs · Banking and Insurance
What is 'Bima Sugam', and what is its key objective in India's insurance sector?
- 1A comprehensive, one-stop digital marketplace for all types of insurance products to enhance transparency and access.✓
- 2A specialized government funding window for healthcare infrastructure.
- 3A dedicated digital portal restricted to motor vehicle insurance renewals.
- 4An independent regulatory tribunal for dispute resolution.
Correct answer
A comprehensive, one-stop digital marketplace for all types of insurance products to enhance transparency and access.
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