Question

    Which regulatory body made significant adjustments to the regulations governing surety bonds?

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

    Solution

    The Insurance Regulatory and Development Authority of India (IRDAI) made significant adjustments to the regulations governing surety bonds, aiming to enhance the accessibility of surety insurance products and encourage more insurers to participate

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