Question
What is the role of the Insurance Regulatory and
Development Authority of India (IRDAI) in the insurance sector?Solution
The Insurance Regulatory and Development Authority of India (IRDAI) is the regulatory body for the insurance sector in India. Its role is to regulate, promote, and ensure fair practices in the insurance sector. The IRDAI issues licenses to insurance companies to operate in India, ensures that insurance companies comply with regulations, and takes action against companies that violate regulations. The IRDAI also protects the interests of policyholders and promotes the growth of the insurance sector in India. Hence, option B is correct.
In each of the questions, a sentence is divided into five parts A, B, C, D and E in which two of the parts have some grammatical errors in them. You ha...
They agreed to repair the damage freely of charge.
- Parts of the following sentence have been given as options. Select the option that contains an error.
Select the segment which has a grammatical error in the given sentence. If there is no error, select ‘no error.
Radha along with her friends ...
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India paid the price for not including a third pacer in Akash Deep, who sitting out to accommodate a three-man spin attack .
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The present impasse between China and India, is a flare in of a long- standing eczema that is the result of incessant border scratching.
Identify the segment in the sentence that contains a grammatical error.
In the class test,/ the teacher told the learners / that each answer / sh...