BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is/are functions and duties of IRDAI?
A
Registering and regulating insurance companies
B
Protecting policyholders’ interests
C
Licensing and establishing norms for insurance intermediaries
D
All of the above are functions and duties of IRDAI
Explanation: 

Detailed explanation-1: -The function of IRDA is to regulate insurance business in India.

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