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Question

According to Section 10(3) of the IRDA Act, how are questions decided in a meeting of the Authority?

A Unanimous agreement of all members

B Simple majority vote

C Two-thirds majority vote

D Decision by the Chairperson only

E Majority vote with the Chairperson having a second or casting vote in case of a tie

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Relevant for Exams:

OICL AO Legal

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