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प्रश्न
When was the Insurance Regulatory and Development Authority of India (IRDA) was constituted?
पर्याय
1938
1972
1999
2001
MCQ
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उत्तर
1999
Explanation:
IRDA is an autonomous regulatory body responsible for regulating, supervising, and developing the insurance sector in India. The formation of IRDA marked the beginning of opening up the insurance sector to private players and introducing reforms aimed at increased growth, competition, and consumer protection in the insurance market.
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