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    Question

    IRDAI is the regulator for insurance sector in India.

    It’s board consists of 10 members including a chairperson, five whole time members and four part time members. Who has been appointed as the chairperson of IRDAI recently in March 2022?
    A Ms. Madhabi Puri Buch Correct Answer Incorrect Answer
    B Ms. Chitra Ramakrishna Correct Answer Incorrect Answer
    C Mr Subhash Chandra Kuntia Correct Answer Incorrect Answer
    D Mr. Debashish Panda Correct Answer Incorrect Answer
    E Dr G.R.Chintala Correct Answer Incorrect Answer

    Solution

    The Appointments Committee of the Cabinet approved the appointment of former DFS Secretary Debasish Panda , a retired IAS officer, as the Chairperson of the Insurance Regulatory and Development Authority of India (IRDAI), which is the insurance regulator.  He has been initially appointed for a period of three years The post of Chairman of IRDAI was lying vacant since May 2021 when Subhash Chandra Khuntia completed his term.

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