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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