‘ANANDA’ Mobile App-- LIC

Published on August 30, 2021

Current Context: The Chairman of LIC, MR Kumar launched the ANANDA Mobile App of LIC.

‘ANANDA’ Mobile App-- LIC

The ANANDA signifies: Atma Nirbhar Agents New business Digital Application.
The app is the digital paperless solution for on-boarding activities which are done by agents/intermediaries for their clients.
The app will be used to register new LIC policies. Only non-medical will be passed through the app.
The app is built on paperless KYC processes using Aadhaar based e-authentication.
Due to this app, the agents/intermediary will be able to view the perspective of their clients in an easy manner.
Static Part:

HQ of LIC: Mumbai

Question:

Q.1 Which financial firm launched ANANDA Mobile App?
a. ICICI Bank
b. LIC
c. AU Small Finance Bank
d. HDFC Ergoa