Question 7

Which of the following statements is/are correct regarding the Insurance Regulatory
and Development Authority?
(a) Its aims at the protection of the interests of the policy holders.
(b) As laid down in section 14 of IRDA Act, 1999 it has powers of undertaking inspection of, conducting enquiries and investigations into all the companies of insurance business.
(c) It is an authority of State Government
Select the correct answer using the codes given below:

Create a FREE account and get:

  • Download Maths Shortcuts PDF
  • 300+ previous papers with solutions PDF
  • 500+ Online Tests for Free

Join CAT 2026 course by 5-Time CAT 100%iler

Start your IIM journey with the right preparation and crack CAT 2026.

Ask AI