Answer-Under the IRDA Act the Authority shall have the duty to_________________

Section 14 Duties, powers and functions of Authority - 1 Subject to the provisions of this Act and any other law for the time being in force, the Authority shall have the duty to regulate, promote and ensure orderly growth of the insurance business and re-insurance business.

Question

Under the IRDA Act the Authority shall have the duty

to_________________

A Regulate, promote and ensure orderly growth of the insurance business and re-insurance business

B Regulate, promote and ensure orderly growth of the insurance business or re-insurance business

C Issue to the applicant a certificate of registration, renew, modify, withdraw, suspend or cancel such registration

D Both (a) & (c)

E Both (b) and (c)

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Under the IRDA Act the Authority shall have the duty

Solution