Question
Which state has become the first in India to implement a
disaster management insurance scheme, and what is the name of this scheme?Solution
Nagaland has become the first state in India to implement a disaster management insurance scheme named the Disaster Risk Transfer Parametric Insurance Solution (DRTPS). This scheme, launched in partnership with SBI General Insurance, provides predetermined payouts based on specific natural disaster events without the need for detailed damage assessments. The initiative is a significant step in enhancing disaster preparedness and response in Nagaland, potentially serving as a model for other states to follow.
The term ‘Laissez-Faire’ is associated with which type of economic system?
__________ has taken over the Presidency of the Council of the European Union, on January 1, for the first time in the last 14 years.
Which state ranked at top in ‘Smart Policing Index 2021’ which is conducted by the Indian Police Foundation (IPF)?
Why was the Standing Committee on Statistics (SCoS) dissolved by the Union Ministry of Statistics?
Recently RBI has imposed a penalty of Rs 27.5 lakh in which public sector bank?
Recently Which state has finalized a memorandum of understanding ( MoU) with Dubai for cooperation in various economic activities?
Max Life Insurance Company has partnered with which bank to provide life insurance products to the bank's customers, including term, savings, and retire...
What is the range of Pralay, India’s first quasi-ballistic missile?
Which space tech firm will launch India’s first AI laboratory in space aboard PSLV C60?
USA and which other country began the 27th CARAT exercise virtually from 1 December?
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