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Which MMP focuses on enhancing services in the general insurance sector through digitization?

AInsurance

BMCA21

CPassport

DIVFRT

Answer:

A. Insurance

Read Explanation:

The Insurance Mission Mode Project aims to modernize the general insurance sector in India by leveraging digital technologies. Through initiatives such as online policy issuance, digital claims processing, and integration with centralized databases, the project enhances efficiency, transparency, and accessibility for consumers and insurers, making insurance services more robust and user-friendly


Related Questions:

Which of the following are disadvantages of E-governance?

  1. E-governance leads to a loss of interpersonal communication due to reduced face-to-face interaction.
  2. The setup cost for e-governance infrastructure is minimal.
  3. Illiteracy does not pose a challenge to the adoption of e-governance services.
  4. Cybercrime and data leaks are significant risks associated with e-governance.

    Which of the following statements about e-governance is FALSE?

    1. It can improve managerial knowledge.
    2. It aims to reduce corruption.
    3. It is primarily a tool for government-to-citizen communication only.
    4. It enhances citizen participation.

      What is the purpose of UPI LITE?

      1. UPI LITE is designed for high-value transactions exceeding ₹1000.
      2. UPI LITE aims to streamline low-value transactions, specifically those under ₹500.
      3. It processes small payments without real-time interaction with the bank's core banking systems.
      4. UPI LITE enhances the efficiency and reliability of the overall payment ecosystem for small, frequent transactions.
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