Question

Who is authorized to issue and renew licenses for Agents?

a.

Regulatory body independent of the Authority

b.

Designated person in the insurance company

c.

CEO of the insurance company

d.

Chief Executive Officer of IRDA

Answer: (b).Designated person in the insurance company Explanation:The designated person in the insurance company has the authority to issue and renew licenses for Agents.

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Q. Who is authorized to issue and renew licenses for Agents?

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