Q126
IRDA refers to_________.
A.
Insurance Regulatory Development Authority
AnswerB.
Indian Regulatory Development Authority
C.
Institute of Regulatory Development Authority
D.
Insurance Regulatory Development Association
Answer: Option A
Solution
Answer: Option A
Solution:
IRDA refers to Insurance Regulatory Development Authority. The Insurance Regulatory and Development Authority (IRDA) was constituted to regulate and develop the insurance industry and was incorporated in April 2000.