Business Studies

Which, one of the following is the regulating authority for governing the Insurance companies in India?


ANSWER

IRDA


SOLUTION
The Insurance Regulatory and Development Authority of India (IRDA) is the regulating authority that governs the Insurance companies in India. The IRDA was established by the Insurance Regulatory and Development Authority(IRDA) Act, 1999
It is an autonomous, statutory agency which regulates and promotes the insurance and re-insurance industries in India.
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