Question

The Controller of Insurance is appointed by ____________________ under the Insurance Act, 1938

A IRDA Correct Answer Incorrect Answer
B Authority Correct Answer Incorrect Answer
C Central Government Correct Answer Incorrect Answer
D Insurance Company Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Section 2B- (1)If at any time, the Authority is superseded under section 19(1) of the Insurance Regulatory and Development Authority Act, 1999, the Central Government may, by notification in the Official Gazette, appoint a person to be the Controller of Insurance till such time the Authority is reconstituted under section 19(3) of that Act

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