Since which year, IRDA started licensing private sector companies to conduct general insurance business in India?

Related MCQs

• Name the committee that recommended the entry of the private sector in the insurance business and also foreign companies be allowed entry by forming joint venture with Indian companies
• How many insurance companies were nationalized under the General Insurance Business (Nationalization) Act (GIBNA) 1972?
• With the nationalization, the General Insurance business in India was merged into how many companies?
• The Insurance Regulatory and Development Authority (IRDA) Act was passed in which year?
• The life insurance business in India was first started in which year?
• The Indian Life Assurance Companies Act was passed in which year to regulate life insurance business in India?
• How many public sector life insurance companies are functional in India?
• How many public sector non life insurance companies are there in India?
• The General Insurance Business in India was nationalized in which year?
• The General Insurance Corporation of India (GIC) was incorporated as a private company under which act?