Q40
IBAI was incorporated as a Company under Section 25 of the Companies Act, 1956. What is the meaning of "B" in IBAI?
A.
Basel
B.
Broadcasting
C.
Brokers
AnswerD.
Board
Answer: Option C
Solution
Answer: Option C
Solution:
Insurance Brokers Association of India (I.B.A.I.) was incorporated as a Company under Section 25 of the Companies Act, 1956 vide Certificate of Incorporation No. U 67120 MH 2001 NPL 132860 dated 25th July 2001. B stands for Brokers.