Home PYQs UPPSC UPPSC MCQs Prelims 2007 (GS Paper I)

Question

IRDA regulates:

  1. Banking companies
  2. Insurance companies
  3. Retail trades
  4. None of the above

Answer:

Option B: Insurance companies

Detailed Solution:

The correct answer is “Insurance companies”.

The IRDA regulates the licensing and registration of insurers, intermediaries, and insurance agents.