Question
Consider the following statement:
Consider the following statement:
I. Section 25 of IRDAI Act, 1999 lays down for establishment of Insurance Advisory Committee.
II. Insurance Advisory Committee consisting of not more than twenty members excluding the ex-officio members.
III. The Chairperson and the members of the Authority shall be the ex-officio members of the Insurance Advisory Committee. Which of the above statement is/are correct about Insurance Advisory Committee?
More Insurance Awareness Questions
- Which of the following pools is managed by GIC?
- The Complaint to Insurance Ombudsman must be registered within ____ year(s)
- The primary categories of insurance business in India are:
- The General Insurance Business in India was nationalized in which year?
- The Insurance Act to govern both life insurance and non-life insurance was passed in which year?
- Which is liability coverage for contents within a renter’s residence?
- The Insurance Regulatory and Development Authority (IRDAI) was formed on the recommendation of which committee?
- Which of the following government increase the foreign direct investment (FDI) limit in the insurance sector to 74% from 49%?
- Which principle specifies an insured should not collect more than the actual cash value of a loss?
- One of the methods of reducing insurance cost of an insured is __________.
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
