Question

    Which financial institution in India is responsible for regulating and supervising the functioning of insurance companies?

    A RBI Correct Answer Incorrect Answer
    B SEBI Correct Answer Incorrect Answer
    C IRDAI Correct Answer Incorrect Answer
    D PFRDA Correct Answer Incorrect Answer
    E NABARD Correct Answer Incorrect Answer

    Solution

    The Insurance Regulatory and Development Authority of India (IRDAI) regulates and supervises the functioning of insurance companies in India.

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