Question

According to the IRDA Act, 1999 the Central Government shall, while appointing the Chairperson and the whole-time members, ensure that____________

A At least one person each is a person having knowledge or experience in life insurance, general insurance or actuarial science
B At least one person each is a person having knowledge and experience in life insurance, general insurance or actuarial science
C At least one person each is a person having experience of not less than 10 years in life insurance, general insurance or actuarial science
D The recommendation of CAG has been taken into account
E None of these
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