New ixamBee Expert Talk Session by ex-GM, NABARD
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Question

As per the IRDA Act, 1999 all questions which come up before any meeting of the Authority shall be decided by_________________

A Majority of votes by the members present Correct Answer Incorrect Answer
B Majority of votes by the members present and in the event of an equality of votes, the Chairperson shall have a second or casting vote Correct Answer Incorrect Answer
C Majority of votes by the members present and voting, and in the event of an equality of votes, the Chairperson, or in his absence, the person presiding shall have a second or casting vote Correct Answer Incorrect Answer
D Either (b) or (c) Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Majority of votes by the members present and voting, and in the event of an equality of votes, the Chairperson, or in his absence, the person presiding shall have a second or casting vote, Explanation: Section 10 Meeting of the Authority- (3)All questions which come up before any meeting of the Authority shall be decided by a majority of votes by the members present and voting, and in the event of an equality of votes, the Chairperson, or in his absence, the person presiding shall have a second or casting vote

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