Question
IRDAI Act was passed in which year by the Government of India?
Solution
The correct answer is D
More Insurance Awareness Questions
- Which feature is not allowed in the Indian insurance market?Â
- An auto-mobile insurance option, available in some states, that covers the difference between a car’s actual cash value when it is stolen or wrecked and th...
- In Insurance policies we always find a date which is “Date of Maturity”. What does it mean?
- The free-look period is of how many days ?
- Mortality Charge is the amount charged _____________ by the insurer
- Which among the following is not a characteristic of ethical behaviour?Â
- What term applies to conditions that must be met before the insurer’s obligations arise?Â
- Machinery Breakdown insurance covers:
- What is the insurance of commercial property that protects the property from such perils as fire, theft and natural disaster?
- The Non-Governmentorganizations(NGO) helps the insurance industry mainly in?
