Current Affairs · Committees and Panels
In July 2025, IRDAI formed a seven-member committee led by former SBI Chairman Dinesh Kumar Khara to evaluate amendments to the Insurance Act, 1938. The committee flagged policyholder risks and recommended against a particular type of corporate transaction involving insurance companies. What did the committee recommend against?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Joint ventures between banks and insurers
- 2Mergers between insurers and non-insurance firms✓
- 3Acquisitions of insurance firms by fintechs
- 4Mergers between public sector insurers
Correct answer
Mergers between insurers and non-insurance firms
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