IRDA was constituted in 1999

Q.  When was the Insurance Regulatory and Development Authority constituted?
- Published on 20 Jul 15

a. 1938
b. 1971
c. 1993
d. 1999

ANSWER: 1999
 
The Insurance Regulatory and Development Authority (IRDA) was set up as an autonomous body under the IRDA Act, 1999.

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