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Which of the following organisations is responsible for regulating Indian insurance sector market ?
  • a)
    IRDA
  • b)
    SEBI and RBI
  • c)
    Ministry of Commerce
  • d)
    NITI Aayog
  • e)
    None of the above/More than one of the above
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which of the following organisations is responsible for regulating Ind...
IRDA is responsible for regulating the Indian insurance sector market
Important Points
  • The Insurance Regulatory and Development Authority of India (IRDA) is an autonomous regulatory body that protects the interests of the policyholder.
  • IRDA has the duty to regulate, promote and ensure orderly growth of the insurance business and re-insurance business. 
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Community Answer
Which of the following organisations is responsible for regulating Ind...
IRDA is responsible for regulating the Indian insurance sector market
Important Points
  • The Insurance Regulatory and Development Authority of India (IRDA) is an autonomous regulatory body that protects the interests of the policyholder.
  • IRDA has the duty to regulate, promote and ensure orderly growth of the insurance business and re-insurance business. 
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Which of the following organisations is responsible for regulating Indian insurance sector market ?a)IRDAb)SEBI and RBIc)Ministry of Commerced)NITI Aayoge)None of the above/More than one of the aboveCorrect answer is option 'A'. Can you explain this answer?
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