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      Question

      Authority under the IRDA Act

      means_______________
      A Insurance Regulatory Development Authority Correct Answer Incorrect Answer
      B Insurance Regulatory or Development Authority Correct Answer Incorrect Answer
      C Insurance Regulatory and Development Authority Correct Answer Incorrect Answer
      D Insurance Authority by whatever name it may be called Correct Answer Incorrect Answer
      E Either of the above Correct Answer Incorrect Answer

      Solution

      Section 2(b) "Authority" means the Insurance Regulatory and Development Authority 1[of India] established under sub-section (1) of section 3.

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