As per the IRDA Act 1999, when IRDA was established, it replaced _______under Insurance Act 1938.
IRDA ACT, 1999: This Act was passed by Parliament in Dec.1999 & it received presidential assent in Jan.2000. The aim of the Authority is “to protect the interest of holders of Insurance policies to regulate, promote and ensure orderly growth of Insurance industry & for matters connected therewith or incidental thereto.” Under this Act, an authority called IRDA is established which replaces Controller of Insurance under Insurance Act 1938.
First country to switch off its FM radio Network?
All the disinvestment by central government is managed by a department called DIPAM. Here A stands for
The RBI will soon issue new 10 rupees note which will bear the image of:
In which year the Banking Regulation Act was amended for regulation of cooperative banks?
Who is the first Indian woman to win a medal in Paralympics?
Which of the following country will host G-20 meeting in 2022?
COBRA is a special operation unit of the Central Reserve Police Force (CRPF) of India proficient in guerrilla tactics and jungle warfare. In this what d...
Who is India's permanent representative to United Nations?
A tribal festival called Medaram Jatara will soon get the tag of National Festival. This festival is observed in:
What is another commonly used name for the river Brahmaputra?
