Question
Insurance sector in India is regulated by the provisions
of: A.Insurance Act, 1938 B.Life Insurance Corporation Act, 1956 C.Insurance Regulatory and Development Authority (IRDA) Act, 1999Solution
The Insurance sector in India directed by Insurance Act, 1938, the Life Insurance Corporation Act, 1956 and General Insurance Business (Nationalization) Act, 1972, Insurance Regulatory and Development Authority (IRDA) Act, 1999 and other related Acts.
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