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    • Question

      What is the effective date for the implementation of

      IRDAI’s newly launched Bima-ASBA payment mechanism?
      A January 1, 2025 Correct Answer Incorrect Answer
      B February 15, 2025 Correct Answer Incorrect Answer
      C March 1, 2025 Correct Answer Incorrect Answer
      D April 1, 2025 Correct Answer Incorrect Answer
      E May 1, 2025 Correct Answer Incorrect Answer

      Solution

      The Insurance Regulatory and Development Authority of India (IRDAI) introduced Bima-ASBA, a new payment mechanism for life and health insurance premiums, which will come into effect on March 1, 2025.

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