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    Question

    What does IRDA mandate for surveyors handling losses

    above INR 20,000?
    A They must have formal training in finance Correct Answer Incorrect Answer
    B They must hold a license issued by IRDA Correct Answer Incorrect Answer
    C They must be employed by the insurer Correct Answer Incorrect Answer
    D They must work for a public sector insurer Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Explanation: The correct answer is B. They must hold a license issued by IRDA. IRDA mandates that surveyors handling losses above INR 20,000 must hold a license issued by them.

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