Question
As per the IRDA Act, 1999 the Authority shall maintain
proper accounts and other relevant records and prepare an annual statement of accounts in such form_______________Solution
Explanation: Section 17 Accounts and Audit- (1) The Authority shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such form as may be prescribed by the Central Government in consultation with the Comptroller and Auditor-General of India
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