New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    IRDA was formed based on the recommendations of which

    committee?
    A Ghosh Committee Correct Answer Incorrect Answer
    B Sodhani Committee Correct Answer Incorrect Answer
    C Kalia Committee Correct Answer Incorrect Answer
    D Malhotra Committee Correct Answer Incorrect Answer
    E None Correct Answer Incorrect Answer

    Solution

    The Malhotra Committee (1993) recommended reforms in the Indian insurance sector, including privatization and the formation of the IRDA (Insurance Regulatory and Development Authority).

    Practice Next