Insurance Current Affairs, GK & News
The Government of India is to extend the insurance scheme for health workers under the Pradhan Mantri Garib Kalyan Yojana for another one year. Key Highlights The current COVID Warrior Insurance Scheme that was launched by Government of India in 2020 was to end by March 24, 2021. Thus, the GoI is extending the scheme. ..
Category: Government Schemes Current Affairs
IFSC International Retail Business Development Committee has presented its final report to IFSCA on November 11. The final report has recommendations on Capital Markets. The committee also made recommendations for the development of IFSC. Before this, the committee has submitted two interim reports on insurance and banking. This IFSC International Retail Business Development Committee was ..
Category: Reports & Indexes Current Affairs
On July 8, 2020, PM Modi chaired the union cabinet meet. Ministers of various departments attended the meet including Finance Minister Nirmala Sitaraman, Union Minister Dr Harsh Vardhan, Defence Minister Rajnath Singh and Home Minister Amit Shah Key Decisions The following key decisions were taken during the union cabinet meeting chaired by PM Modi Pradhan ..
Month: Current Affairs - July, 2020
In light of the unprecedented economic losses due to the lockdown, businesses in India are looking at business interruption insurance for a way out. About Business interruption insurance is a type of insurance that covers the income loss of a business due to a disaster. It covers losses like rent, operational charges, salaries, etc. apart ..
The Mahatma Gandhi Bunkar Bima Yojana was recently discussed in the Lok Sabha by the Union Minister of Textiles. About the Scheme The Mahatma Gandhi Bunkar Bima Yojana is an insurance scheme for all community weavers. The scheme provides insurance to the beneficiaries in cases of accidental death, natural death, partial or complete disability. The ..