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      Question

      The establishment of the Insurance Regulatory

      Development Authority was based on the recommendations of____________
      A Irani Committee Correct Answer Incorrect Answer
      B Patel Committee Correct Answer Incorrect Answer
      C Malhotra Committee Correct Answer Incorrect Answer
      D Bhagwati Committee Correct Answer Incorrect Answer
      E Narasimhan Committee Correct Answer Incorrect Answer

      Solution

      IRDA was established on the recommendations of the Malhotra Committee which was headed by Mr. R.N. Malhotra, a retired Governor of RBI.

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