Multiple Choice Questions on The Insurance Regulatory and Development Authority of India IRDAI set up a 13 member committee in or........... for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

The Insurance Regulatory and Development Authority of India IRDAI set up a 13 member committee in or...........

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    The Insurance Regulatory and Development Authority of India (IRDAI) set up a 13-member committee in order to review regulatory framework on micro insurance, and suggest the steps to be taken to raise demand for such products in India. Who is the head of this committee?

    Satish Dhawan

    Incorrect Answer

    Suresh Mathur

    Correct Answer

    Sanjay Nayak

    Incorrect Answer

    Sudeep Banerjee

    Incorrect Answer
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    Explanation:

    The Insurance Regulatory and Development Authority of India (IRDAI) set up a 13-member committee in order to review regulatory framework on micro insurance, and suggest the steps to be taken to raise demand for such products in India by recommending product designs with customer-friendly underwriting, example, easy premium payment methods and simple claims settlement procedures. The committee is headed by Suresh Mathur,IRDAI’s Executive Director

    By: MIRZA SADDAM HUSSAIN
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