Question
Who regulates the insurance sector in India?
>ÂSolution
The insurance sector in India is regulated by the Insurance Regulatory and Development Authority of India (IRDAI). It is a statutory body established under the Insurance Regulatory and Development Authority Act, 1999. The IRDAI is responsible for regulating, promoting and ensuring orderly growth of the insurance sector in India. The functions of the IRDAI include granting licenses to insurance companies, regulating the premiums charged by insurance companies, protecting the interests of policyholders, and ensuring that insurance companies maintain adequate solvency margins. Hence, option C is correct.
- Choose the option which best expresses the meaning of the idiom/phrase in bold in the sentence.
Ravi decided to bite off more than he could chew by... Select the idiom/phrase that most accurately and contextually replaces the bolded segment.
The detective wasted weeks pursuing an incorrect l...
- Identify the words that are similar in meaning to the phrase in bold. If none of the options conveys the correct meaning, mark (5) as your answer. The opti...
Go to the dogs
- Select the most appropriate option to substitute the bold segment in the given sentence.
We don't have a strict itinerary for the trip; we'll just ... Walk on eggshell
In the following question, an idiomatic expression or a proverb has been given in bold—followed by four alternatives. Choose the one which best expr...
Select the most appropriate meaning of the bold idiom.
She's always had a chip on her shoulder .
Fill in the blank given below using the correct idiom.Â
The team's lack of preparation for the important presentation proved to be __________...
Get cold feet
