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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