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    Question

    The Insurance Regulatory and Development Authority of

    India shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such form as may be prescribed by the__________________
    A Central Government Correct Answer Incorrect Answer
    B Comptroller and Auditor-General of India Correct Answer Incorrect Answer
    C Central Government in consultation with the Comptroller and Auditor-General of India Correct Answer Incorrect Answer
    D Comptroller and Auditor-General of India in consultation with the Central Government Correct Answer Incorrect Answer
    E Either a or b Correct Answer Incorrect Answer

    Solution

    Section 17.   Accounts and audit: (1) The Authority shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such form as may be prescribed by the Central Government in consultation with the Comptroller and Auditor-General of India.

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