Q1. The Sabka Bima Sabki Raksha Act 2025, which came into force on February 5, 2026, allows what maximum level of FDI in the insurance sector?
Explanation
The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act 2025, enacted in December 2025 and in force from February 5, 2026, raised FDI in insurance from 74% to 100%. It also created a Policyholders' Protection Fund and aligned data rules with the DPDP Act 2023.
