Q1. Which of the following funds was established under the Sabka Bima Sabki Raksha Act 2025 to protect insurance consumers?
A National Insurance Guarantee Fund
B Policyholders Education and Protection Fund Correct
C Insurance Consumer Welfare Fund
D Bima Suraksha Kosh
Explanation
The Policyholders Education and Protection Fund (PEPF) was created under the Act to safeguard insurance customers and enhance financial literacy.
