Question

Which regulatory body governs micro-insurance in India?

a.

IRDA Micro Insurance Regulations

b.

RBI (Reserve Bank of India)

c.

SEBI (Securities and Exchange Board of India)

d.

Ministry of Finance

Answer: (a).IRDA Micro Insurance Regulations Explanation:Micro-insurance in India is governed by the IRDA Micro Insurance Regulations, 2005.

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Q. Which regulatory body governs micro-insurance in India?

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