Question

    The IRDA has the power to make

    regulations______________
    A In consultation with the Central Government Correct Answer Incorrect Answer
    B In consultation with the Insurance Approval Committee Correct Answer Incorrect Answer
    C In consultation with the Insurance Advisory Committee Correct Answer Incorrect Answer
    D In consultation with both the Insurance Approval Committee and the Insurance Advisory Committee Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Section 26.   Power to make regulations: (1) The Authority may, in consultation with the Insurance Advisory Committee, by notification, make regulations consistent with this Act and the rules made thereunder to carry out the purposes of this Act.

    Practice Next