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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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