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      Question

      Of the following which is not a functions of IRDA:

      i. promote the interest and rights of insurance policy holders ii. promote and ensure the growth of Insurance Industry iii. ensure speedy settlement of genuine claims and to prevent frauds and malpractices iv. bring transparency in financial markets dealing with credit
      A 1) Only i Correct Answer Incorrect Answer
      B 2) Only ii & iv Correct Answer Incorrect Answer
      C 3) Only i & iii Correct Answer Incorrect Answer
      D 4) Only iv Correct Answer Incorrect Answer
      E 5) All of the above Correct Answer Incorrect Answer

      Solution

      IRDA is regulator for insurance and it does not deal with credit

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