For what area IRDA – Insurance Regulatory And Development Authority work for ?

Asked 14-Dec-2017
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1 Answer


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For regulating and promoting the insurance and reinsurance industries in our nation Insurance Regulatory and Development Authority has been organized. It had been deep-rooted by the Insurance restrictive and Development Authority Act, 1999, associate degree Act which was passed by the Government of India.

For what area IRDA – Insurance Regulatory And Development Authority work for ?

The agency's headquarters are situated in Hyderabad, Telangana, wherever it moved from Old Delhi in 2001.

This authority has a 10-member body as well as the chairman, 5 full-time and 4 part-time members appointed by the govt. of the Republic of India.


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