With reference to “Bima Vaahaks” consider the following statements:1.It is one of the key concepts of the Insurance Regulatory and Development Authority of India’s (IRDAI) ‘Insurance for all by 2047’ goal.2.Bima Vaahaks are the special recruits and trained males that will spread the awareness about the insurance product like Bima Vistar.3.With the Bima Vahaks engaging with the diverse needs in every Gram Panchayat, insurers can adapt their offerings to provide comprehensive coverage and address financial protection needs.How many of the above statements are correct?

Q. With reference to “Bima Vaahaks” consider the following statements:
1.It is one of the key concepts of the Insurance Regulatory and Development Authority of India’s (IRDAI) ‘Insurance for all by 2047’ goal.
2.Bima Vaahaks are the special recruits and trained males that will spread the awareness about the insurance product like Bima Vistar.
3.With the Bima Vahaks engaging with the diverse needs in every Gram Panchayat, insurers can adapt their offerings to provide comprehensive coverage and address financial protection needs.
How many of the above statements are correct?

[A] Only one

[B] Only two

[C] All three

[D] None

Answer: B

Notes:

Explanation –

Statement 1 and 3 are correct. Bima Vaahaks is one of the key concepts of the Insurance Regulatory and Development Authority of India’s (IRDAI) ‘Insurance for all by 2047’ goal. With the Bima Vahaks engaging with the diverse needs in every Gram Panchayat, insurers can adapt their offerings to provide comprehensive coverage and address financial protection needs.

Statement 2 is incorrect. Bima Vaahaks (carriers) is a woman-centric workforce in each Gram Sabha that will meet the women heads of each household to convince them about a composite insurance product like Bima Vistar.

Source: ForumIAS

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS