Question

IRDAI was established in the year-

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 2002 Correct Answer Incorrect Answer

Solution

The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutory 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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