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      Question

      What is the objective of the Bima Sugam โ€“ Insurance

      Electronic Marketplace Regulations, 2024?
      A To regulate the insurance industry effectively Correct Answer Incorrect Answer
      B To introduce a robust governance framework for insurers Correct Answer Incorrect Answer
      C To promote universalization and democratization of insurance Correct Answer Incorrect Answer
      D To enhance transparency in insurance operations Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      the Bima Sugam โ€“ Insurance Electronic Marketplace Regulations, 2024, aim for the universalization and democratization of insurance, targeting "Insurance for all by 2047".

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