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Current Affairs · 2026-08-03

हिन्दी

Which department launched India’s first sovereign-backed Protection & Indemnity (P&I) insurance product under the Bharat Maritime Insurance Pool (BMIP)?

  1. A
    Department of Economic Affairs
  2. B
    Department of Financial Services
  3. C
    Department of Revenue
  4. D
    Department of Expenditure
View Answer & Solution

Correct answer · Option B

Department of Financial Services

Explanation

The Department of Financial Services (DFS), Ministry of Finance, launched India’s first sovereign-backed Protection & Indemnity (P&I) insurance product.

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