New NABARD Grade A 2024 Results out!! Register here for a free live workshop on Feb 26, 2025 at 5 PM. Only on Zoom.

    Question

    Authority under the IRDA Act

    means_______________
    A Insurance Regulatory Development Authority Correct Answer Incorrect Answer
    B Insurance Regulatory or Development Authority Correct Answer Incorrect Answer
    C Insurance Regulatory and Development Authority Correct Answer Incorrect Answer
    D Insurance Authority by whatever name it may be called Correct Answer Incorrect Answer
    E Either of the above Correct Answer Incorrect Answer

    Solution

    Section 2(b) "Authority" means the Insurance Regulatory and Development Authority 1[of India] established under sub-section (1) of section 3.

    Practice Next