Insurance Sector

Why it matters

• Acts as a mechanism for long-term capital mobilization for infrastructure and national development projects.
• Promotes financial inclusion by providing social security nets for vulnerable populations.
• Enhances economic stability by mitigating the impact of unforeseen financial losses on households and businesses.

How it is asked

Focus on regulatory frameworks like IRDAI, the impact of FDI liberalization, and the role of insurance in achieving universal social security goals.