New RBI Grade B 2025 Notification will come Soon! Enroll Here

    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?
    A 1993 Correct Answer Incorrect Answer
    B 1994 Correct Answer Incorrect Answer
    C 1995 Correct Answer Incorrect Answer
    D 1996 Correct Answer Incorrect Answer
    E 1997 Correct Answer Incorrect Answer

    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.

    Practice Next