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    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.

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