Question
In which year was the Rural Postal Life Insurance (RPLI)
scheme introduced to provide insurance coverage to people residing in rural areas of India?Solution
Rural Postal Life Insurance (RPLI) was introduced on 24 March 1995 to extend insurance coverage to people living in rural areas of India. In 1993, a special committee named Malhotra Committee reported that insurance created a very small percentage of the gross household savings of India.
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