Multiple Choice Questions on Which of the following agencies will be the provider of Insurance under the recently launched Sampoo........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Which of the following agencies will be the provider of Insurance under the recently launched Sampoo...........

Economic Affairs Pension and Insurance
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    Which of the following agencies will be the provider of Insurance under the recently launched 'Sampoorna Bima Gram Yojana'?

    Department of Posts, Ministry of Communications

    Correct Answer

    New India Assurance Company

    Incorrect Answer

    Life Insurance Corporation of India

    Incorrect Answer

    National Insurance Company Limited

    Incorrect Answer
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    Explanation:

    Department of Posts, Ministry of Communications

    • Sampoorna Bima Gram (SBG) Yojana was launched on 13 October 2017 by the Ministry of Communications.
    • It aimed at an expansion of clientele base of Postal Life Insurance (PLI).
    • PLI was introduced in 1884 and is one of the oldest life insurance schemes for the benefit of Government and semi-Government employees.

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