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      Question

      Which of the following is correct full form of IGMS with

      reference to insurance sector?
      A Integrated Grievance Management System Correct Answer Incorrect Answer
      B Internal Grievance Management System Correct Answer Incorrect Answer
      C Important Grievance Management System Correct Answer Incorrect Answer
      D Integral Grievance Management System Correct Answer Incorrect Answer
      E Insurance Grievance Management System Correct Answer Incorrect Answer

      Solution

      IRDAI launched the Integrated Grievance Management System (IGMS) in the year 2010. ·         IGMS is a grievance redressal monitoring tool for IRDAI. ·         It also facilitates a central repository of industry-wide insurance grievance data; ·         Policyholders who have grievances register their complaints with the Grievance Redress Channel of the Insurance Company first. 

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