Question
When is the first phase of Bima Sugam, the digital
insurance platform, now expected to be rolled out?Solution
The first phase of Bima Sugam, the digital insurance platform by IRDAI, is now expected to be launched in mid-2025. This platform, designed to simplify the comparison, purchasing, and management of insurance policies, had faced delays from its initial proposed launch dates in 2023 and 2024.
If an institution fails to provide a service that it has no legal, regulatory, or contractual obligation to offer, can this failure be labeled a "defici...
Which of the following best describes the primary role of the Central KYC Records Registry (CKYCR)?
What is the primary approach or philosophy behind the IBC?
Internationally, which organization is responsible for implementing and maintaining the global LEI system?
Before a customer can file a maintainable complaint with the RBI Ombudsman, how many days must they wait for a response after giving their first-level w...
The CIBIL score reflects the creditworthiness of an individual borrower. What does a CIBIL score of -1 tell about the credit history of a prospective bo...
To prevent a severe initial shock to regulatory capital adequacy upon transitioning to ECL, banks can "add back" provisions to which capital layer?
What is the absolute, non-exceedable single counterparty exposure ceiling for an Upper Layer NBFC under any permissible combination of board or project ...
Under the revised PCA framework for commercial banks, which operational metric was entirely removed as an independent trigger point or parameter for inv...
Which international forum or group conceived the global LEI code following the Global Financial Crisis?
Relevant for Exams:
