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    Question

    The Authority with the previous approval of the Central

    Government shall constitute an Advisory Committee consisting of _______________
    A 2 persons having special knowledge and experience of the business of insurance Correct Answer Incorrect Answer
    B More than five persons having special knowledge and experience of the business of insurance Correct Answer Incorrect Answer
    C Not more than five persons having special knowledge and experience of the business of insurance Correct Answer Incorrect Answer
    D Not more than such number of persons as the Authority may specify after consultation with the Central Government Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Section 101B Advisory Committee- (1) The Authority with the previous approval of the Central Government] shall, for the purposes of section 101 A, constitute an Advisory Committee consisting of not more than five persons having special knowledge and experience of the business of insurance

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