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General Knowledge · Q63

Indian Economy

Competitive Exams · General Knowledge · question 63

Q63

With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in:

A.
the year 2005
B.
the year 1999
Answer
C.
the year 1998
D.
the year 1990

Answer: Option B

Solution

Answer: Option B
Solution:
With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in the year 1999.