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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