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      Question

      Which of the following organisation is the regulatory

      body for Insurance sector in India?
      A IRDAI Correct Answer Incorrect Answer
      B PFRDA Correct Answer Incorrect Answer
      C RBI Correct Answer Incorrect Answer
      D LIC Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Insurance Regulatory and Development Authority of India (IRDAI) is a regulatory body under the jurisdiction of Ministry of Finance and is tasked with regulating and licensing the insurance and re-insurance industries in India.

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