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      Question

      The Insurance Regulatory and Development Authority of

      India (IRDAI) plans to create which initiative to address protection gaps in states?
      A National Insurance Council Correct Answer Incorrect Answer
      B State Insurance Plan Correct Answer Incorrect Answer
      C Rural Insurance Initiative Correct Answer Incorrect Answer
      D National Reinsurance Hub Correct Answer Incorrect Answer
      E Universal Insurance Scheme Correct Answer Incorrect Answer

      Solution

      IRDAI is working on creating a state insurance plan similar to the State Level Bankers' Committee (SLBC) to address protection gaps in various states.

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