The New India Assurance 'Pay as You Drive' Policy Overview

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What is the key feature of the 'Pay as You Drive' motor insurance policy launched by New India Assurance?

It charges premiums based on the distance traveled by the vehicle

According to the RBI data, what has been the trend in the value of money withdrawn through micro ATMs since June 2022?

The value of money withdrawn has remained stagnant

What is the new design feature that the Reserve Bank of Australia has announced for its $5 banknotes?

The new currency notes will feature an Indigenous design

Who is the current Chairman of New India Assurance?

Neerja Kapur

When did the Finance Minister, Nirmala Sitharaman, present the Union Budget for 2023-24 in Parliament?

February 1, 2023

What is the highest allocation of funds in the Union Budget 2023-24?

Defence Ministry

Which of the following statements is true regarding the Reserve Bank of India's Digital Payments Index (RBI-DPI)?

The RBI-DPI measures the digitization of payments across the country.

According to the Economic Survey 2022-23, what is India's fintech adoption rate compared to the global average?

India's fintech adoption rate is higher than the global average.

What is the name of the industry's first Asset Repossession Solution launched by Mobicule?

mCollect Repossession module

Which company has become the first Indian retailer to introduce Central Bank Digital Currency (CBDC) or the digital rupee?

Reliance Retail

Learn about the 'Pay as You Drive' policy by The New India Assurance, a motor insurance policy that charges premiums based on vehicle usage. Explore the two components - third-party cover and own-damage cover, along with features like renewal discounts and extended coverage.

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