Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-1

  • question_answer
    What is the mission of IRDA?

    A)  Regulating, the securities market

    B)  To bring about speedy and orderly growth of the insurance industry

    C)  Protecting the interests of investors in securities

    D)  Both A and C

    E)  All of the above

    Correct Answer: B

    Solution :

     Insurance Regulatory and Development Authority (IRDA) Act, 1999 spells out the Mission of IRDA as: "... to protect the interests of the policyholders, to regulate, promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto."


You need to login to perform this action.
You will be redirected in 3 sec spinner