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      Question

      IRDAI was established on

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      A 1982 Correct Answer Incorrect Answer
      B 1991 Correct Answer Incorrect Answer
      C 1995 Correct Answer Incorrect Answer
      D 1999 Correct Answer Incorrect Answer
      E 1996 Correct Answer Incorrect Answer

      Solution

      The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutary agency for regulating and promoting the insurance and re-insurance sector. It was constituted by the Insurance Regulatory and Development Authority Act, 1999. IRDA’s headquarters are in Hyderabad, Telangana, where it moved from Delhi in 2001

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