Economics · Economy
Which financial institution in India is responsible for regulating and supervising the insurance sector, including insurance companies and intermediaries?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Securities and Exchange Board of India (SEBI)
- 2Reserve Bank of India (RBI)
- 3Insurance Regulatory and Development Authority of India (IRDAI)✓
- 4Pension Fund Regulatory and Development Authority (PFRDA)
Correct answer
Insurance Regulatory and Development Authority of India (IRDAI)
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