4.
A:
It enables Policybazaar to exclusively focus on selling reinsurance products.
B:
Policybazaar can now sell a wider range of insurance products, including reinsurance, general, and life insurance.
C:
Policybazaar can only sell reinsurance products, excluding general and life insurance.
D:
It restricts Policybazaar from selling reinsurance products and limits its operations to direct insurance brokerage.
The answer is: B