Question
Which of the following statements about the Insurance
Regulatory and Development Authority of India (IRDAI) is/are correct? 1) It is a statutory body responsible for regulating and promoting the insurance and reinsurance industries in India. 2) It is responsible for promoting competition and innovation in the insurance sector. 3) It comes under the Ministry of Finance.Solution
The Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body established under the Insurance Regulatory and Development Authority Act, 1999. It is responsible for regulating and promoting the insurance and reinsurance industries in India. The IRDAI is also responsible for promoting competition and innovation in the insurance sector. Hence, both statements are correct.
Red Data book is the source book which keeps a record of:
Which of the following refers to expenditure that is necessary for the day-to-day functioning of the business, typically not resulting in any asset?
Which of the following is not an accounting principle?
Which one of the following denotes a sequential electronic circuit that is used to store 1-bit of information?
‘A’ and ‘B’ can complete a certain work in 15 days and 12 days, respectively. They started working together and worked till completion of the wo...
According to this approach, the industrial relations system is a study of institutions of job regulations and the stress is on the substantive and proce...
150 litres of mixture ‘A’ (milk + water) contains 36 litres more water than milk. If 50% of mixture ‘A’, 70 litres of milk and 60 litres of wate...
After which constitutional amendment the Santali Language was added in the 8th Schedule as official language?
Consider the following statements in regards to socio religious reformsin India:
1.Brahmo Samaj, the Prarthana Samaj, and the Aligarh Movement we...
Under Sukanya Samriddhi Yojana, what is the maximum amount that can be deposited during a financial year?
