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Indian Economy & Institutions · Question 47 of 75

Question 47

EasyOriginal question

Which body regulates insurance companies in India?

Options for question 47

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. The Insurance Regulatory and Development Authority of India was set up under an Act of 1999 and regulates life and general insurers.

  2. It is based in Hyderabad.

Concept
The insurance regulator
Typical time
35 s
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The rule this testsRegulators and economic institutions
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Ten questions from Indian Economy & Institutions, at your own pace.

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