Question

Which organization among the options is planning to launch "Bima Vahak" in every gram panchayat?

A RBI Correct Answer Incorrect Answer
B SEBI Correct Answer Incorrect Answer
C IRDAI Correct Answer Incorrect Answer
D NABARD Correct Answer Incorrect Answer
E PFRDA Correct Answer Incorrect Answer

Solution

To enhance the insurance force in India, the Insurance Regulatory and Development Authority of India (IRDAI) will soon introduce "Bima Vahaks" in each gram panchayat. Each Gram Panchayat will have a 'Bima Vahak' who would be tasked to sell and service simple parametric bundled insurance products, Bima Vistar, covering health, property, life and personal accident.

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