Question

What is the proposed geographical spread for the Grievance Redressal Authorities (GRAs)?

a.

They should be concentrated only in major cities

b.

They should be dispersed as widely as geographically possible, with the possibility of having more than one GRA in a State

c.

They should only be established in State capitals

d.

They should be limited to specific regions based on insurance density

Posted under IC 14 Regulations of Insurance Business

Answer: (b).They should be dispersed as widely as geographically possible, with the possibility of having more than one GRA in a State Explanation:The proposed geographical spread for the Grievance Redressal Authorities (GRAs) is to disperse them as widely as geographically possible, with the possibility of having more than one GRA in a State, depending on the number of cases in that State.

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Q. What is the proposed geographical spread for the Grievance Redressal Authorities (GRAs)?
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