Question

    What proposal did the Insurance Regulatory and Development Authority of India (IRDAI) make regarding Indian insurance companies listing on stock exchanges?

    A Indian insurance companies must seek prior approval from the regulator before listing Correct Answer Incorrect Answer
    B Indian insurance companies can list on stock exchanges without prior approval, subject to compliance with specified conditions Correct Answer Incorrect Answer
    C Indian insurance companies can list on stock exchanges but need to follow a new set of regulations Correct Answer Incorrect Answer
    D Indian insurance companies cannot list on stock exchanges Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The IRDAI proposed removing the need for Indian insurance companies to seek prior approval from the regulator before listing on stock exchanges, subject to compliance with specified conditions.

    Practice Next

    Relevant for Exams: