Question

What are the powers which have been vested to the Authority under the Insurance Act, 1938?

A By an order in writing, direct the Investigating Officer to investigate the affairs of any insurer or intermediary or insurance intermediary, as the case may be
B May issue directions to insurers generally or to any insurer in particular if it is in public interest or to secure the proper management of any insurer etc.
C May, from time to time, by order in writing, appoint, in consultation with the Central Government one or more persons to hold office as additional directors of the insurer
D All the above
E Both (b) & (c)
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