ANANDA is a digital application launched by which organization recently?

Appeared in: NHM UP Staff Nurse-2021 Shift-1st

Explanation

ANANDA, which stands for Atma Nirbhar Agents NewBusiness Digital Application, is a digital initiative by the Life Insurance Corporation of India (LIC).
The application was launched to facilitate a paperless process for acquiring new life insurance policies.
It enables LIC agents to complete the new business process digitally, using Aadhaar-based e-authentication for customer verification.

Option B: The Reserve Bank of India (RBI) is the central banking institution, which controls the monetary policy of the Indian rupee. It does not launch applications for insurance agents.
Option C: The Securities and Exchange Board of India (SEBI) is the regulator for the securities and commodity market in India. Its domain is stocks, bonds, and mutual funds, not life insurance policies.
Option D: The State Bank of India (SBI) is a public sector bank. While it has an insurance arm (SBI Life), the ANANDA application is specifically an LIC product.

Clinical Relevance

Nursing practice connection: This is primarily an exam-oriented knowledge point with limited direct bedside application, so retain Current Affairs and General Knowledge as background academic context rather than a clinical decision trigger.
This question tests general awareness, which is a component of many competitive examinations.
Understanding major digital initiatives by large public sector organizations like LIC is important for staying updated on current affairs.
What if the question asked for the full form of ANANDA? The answer would be 'Atma Nirbhar Agents NewBusiness Digital Application', highlighting the importance of knowing acronyms related to major government and PSU schemes.

How to Approach the Question

First, identify the key terms in the question: 'ANANDA' and 'digital application'.
Recognize that this is a general knowledge/current affairs question that requires factual recall about a specific initiative.
Evaluate the options provided. All are major financial institutions in India.
Try to recall or deduce which organization is associated with the 'ANANDA' application. The name 'Atma Nirbhar Agents' might hint towards an agency-based model, which is strong in LIC.
If unsure, use the process of elimination. RBI and SEBI are regulators, making them less likely to launch an application for agents. This leaves LIC and SBI, both of which have large agent networks. The correct answer relies on specific knowledge of this initiative.

Concept Tested & Keywords

QLUMNOh542wJTXOTWD6Emh

Practise the full NHM UP Staff Nurse-2021 Shift-1st

Attempt every question from this paper in a timed mock, then review the full solution for each one.