2019
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Sumitra Mahajan
|
|
|
T R Alamelu
|
|
|
C B Singh
|
|
|
Nitish Bhattacharya
|
Detailed explanation-1: -The panel headed by Mr. Dasgupta has been tasked to suggest steps on applicability of compliance requirement, and faster settlement and payment mechanism among the re-insurers and cross border re-insurers (CBRs), among others.
Detailed explanation-2: -Following the recommendations of the Malhotra Committee, in 1999 the Insurance Regulatory and Development Authority (IRDA) was constituted to regulate and develop the insurance industry and was incorporated in April 2000.
Detailed explanation-3: -Insurance Regulatory and Development Authority of India (IRDAI), is a statutory body formed under an Act of Parliament, i.e., Insurance Regulatory and Development Authority Act, 1999 (IRDAI Act 1999) for overall supervision and development of the Insurance sector in India.