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      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).

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