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    Question

    The recently launched "Bima Bharosa" grievance redressal

    system in the insurance sector incorporates which of the following features?
    A Blockchain-based verification of claims Correct Answer Incorrect Answer
    B Centralized database of all insurance policies Correct Answer Incorrect Answer
    C Automated settlement for claims under ₹50,000 Correct Answer Incorrect Answer
    D AI-driven complaint resolution system Correct Answer Incorrect Answer
    E Single-window complaint handling for all insurers Correct Answer Incorrect Answer

    Solution

    Bima Bharosa is a grievance redressal system launched for the insurance sector that provides a single-window platform for handling complaints related to all insurers. This unified approach simplifies the process for policyholders to register and track their grievances, improving transparency and accountability in the insurance sector.

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