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      Question

      Which financial institution in India is responsible for

      regulating and supervising the functioning of insurance companies?
      A RBI Correct Answer Incorrect Answer
      B SEBI Correct Answer Incorrect Answer
      C IRDAI Correct Answer Incorrect Answer
      D PFRDA Correct Answer Incorrect Answer
      E NABARD Correct Answer Incorrect Answer

      Solution

      The Insurance Regulatory and Development Authority of India (IRDAI) regulates and supervises the functioning of insurance companies in India.

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