Which of the following controls the insurance business of India?

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Question

Which of the following controls the insurance business of India?

Options:

A . IDBI

B . RBI

C . SEBI

D . IRDA

Answer: Option D
Answer: (d)The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutory agency tasked with regulating and promoting the insurance and re-insurance industries in India. It was constituted by the Insurance Regulatory and Development Authority Act, 1999.

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