Current Affairs · Insurance Sector Trends
With reference to recent trends in India's insurance sector, consider the following statements: I. The life insurance segment has witnessed double-digit growth in new business premiums. II. Non-life insurers, including standalone health insurers, showed a similar growth trend during the same period. III. The government has announced a 0% GST on all types of life and health insurance policies, including group and employer-sponsored schemes. Which of the statements given above is/are NOT correct?
- 1III only✓
- 2I and III only
- 3II and III only
- 4I and II only
Correct answer
III only
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