Question

How are decisions made in a meeting of the Insurance

Q: Answer- How are decisions made in a meeting of the Insurance Regulatory and Development Authority of India...

Section 10 Meeting of the Authority- 3All 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.

Regulatory and Development Authority of India as per the IRDA Act?

A By unanimous agreement of all members present

B By a simple majority vote of the members present

C By a two-thirds majority vote of the members present

D By a majority of votes, with the Chairperson having a second or casting vote in case of a tie

E By a decision made solely by the Chairperson

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How are decisions made in a meeting of the Insurance

Solution