Q.

Which One of the Following Bodies, has prescribed the Regulations for Protecting the Interests of Policy- Holders, stipulating the Obligations on Both: Insurers as well as Intermediaries?

A. Life Insurance Council and General Insurance Council, Jointly.
B. Policy-Holders' Association of India (P.A.I.).
C. Insurance Regulatory and Development Authority of India (I.R.D.A.I.)
D. Life Insurance Corporation (L.I.C.) of India and General Insurance Corporation (G.I.C.) of India, Jointly.
Answer» C. Insurance Regulatory and Development Authority of India (I.R.D.A.I.)
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