Question
According to the IRDA Act, 1999 the Central Government
shall, while appointing the Chairperson and the whole-time members, ensure that____________Solution
At least one person each is a person having knowledge or experience in life insurance, general insurance or actuarial science, Explanation: Section 4.  Composition of Authority- Provided that the Central Government shall, while appointing the Chairperson and the whole-time members, ensure that at least one person each is a person having knowledge or experience in life insurance, general insurance or actuarial science, respectively
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