Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 122)
122.
What does the 'Surety Bond Bima' product launched by SBI General Insurance aim to secure?
Agricultural Projects
Infrastructure Projects
Educational Institutions
Healthcare Facilities
Answer: Option
Explanation:
'Surety Bond Bima' is designed specifically to provide security for infrastructure projects, safeguarding both contractors and principals from breaches during bidding and performance stages, thus supporting infrastructure development initiatives.
Discussion:
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