1. “New Smart Samriddhi”, recently launched by SBI Life Insurance, is which type of insurance plan?
A. Unit-linked, participating plan
B. Non-linked, participating plan
C. Non-linked, non-participating savings plan
D. Term insurance plan
✅ Answer: C
📝 Explanation:
New Smart Samriddhi is an individual, non-linked, non-participating life insurance savings plan, meaning it is not market-linked and does not share profits.
Month: Current Affairs - December 27, 2025
Category: UPSC, State PCS