As per the IRDA Act 1999, when IRDA was established, it replaced _______under Insurance Act 1938.
IRDA ACT, 1999: This Act was passed by Parliament in Dec.1999 & it received presidential assent in Jan.2000. The aim of the Authority is “to protect the interest of holders of Insurance policies to regulate, promote and ensure orderly growth of Insurance industry & for matters connected therewith or incidental thereto.” Under this Act, an authority called IRDA is established which replaces Controller of Insurance under Insurance Act 1938.
How did the Coal PSUs perform in terms of their CAPEX target for FY 2023-24?
When is “World Sanskrit Day” observed worldwide?
When in India Chabahar Day is celebrated ?
First Annual Pathology Conference of newly formed Haryana Chapter of Indian Association of Pathologists and Microbiologists (IAPM) was held at whi...
How many people have been selected for Padma bhusan award 2023?
Recently on 7th June the Minister of Home Affairs and Cooperation, Shri Amit Shah, inaugurated the National Tribal Research Institute at which state/UT ...
In June 2023, who became the first women player to win the ICC Player of the Month title for the 3rd time?
Leicester cricket ground of England has been named after which of the legendary Indian cricketers?
Which country secured the first position in the Global Fish Production 2022?
What is the current SLR(Statutory Liquidity Ratio)?
