Economics · Economy
With reference to the Insurance Regulatory and Development Authority of India (IRDAI), consider the following statements: 1. It was constituted in 1999 as an autonomous body after the recommendations of the Malhotra Committee report. 2. The main objective of the IRDAI is to protect the interests of the policyholder and regulate the insurance industry. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Neither 1 nor 2
- 2Both 1 and 2✓
- 32 only
- 41 only
Correct answer
Both 1 and 2
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economy MCQs →Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy