New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Who has the power to audit the accounts of the Authority

    under the IRDA Act?
    A Central Government Correct Answer Incorrect Answer
    B State Goveenmnet Correct Answer Incorrect Answer
    C Auditor appointed by the Authority Correct Answer Incorrect Answer
    D Comptroller and Auditor-General Correct Answer Incorrect Answer
    E Either a or b in consultation with Comptroller and Auditor-General Correct Answer Incorrect Answer

    Solution

    Section 17.  Accounts and audit: (2) The accounts of the Authority shall be audited by the Comptroller and Auditor-General of India at such intervals as may be specified by him and any expenditure incurred in connection with such audit shall be payable by the Authority to the Comptroller and Auditor-General.

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