Question

What is the purpose of the guidelines on periodic disclosures issued by IRDA?

a.

To limit the information available to insurers

b.

To clarify doubts raised by certain insurers and stakeholders

c.

To hinder the uniformity among insurers

d.

To discourage the display of audited financial statements

Answer: (b).To clarify doubts raised by certain insurers and stakeholders Explanation:The guidelines on periodic disclosures by IRDA aim to clarify doubts raised by certain insurers and stakeholders and ensure uniformity among insurers.

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Q. What is the purpose of the guidelines on periodic disclosures issued by IRDA?

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