In which year, Insurance Regulatory and Development Authority (IrDA) was constituted?

In which year, Insurance Regulatory and Development Authority (IrDA) was constituted?
[A]1999
[B]1998
[C]1997
[D]1996

1999
Insurance Regulatory and Development Authority (IRDA) was constituted in 1999 as an autonomous body to regulate and develop the insurance industry.

Originally written on June 3, 2015 and last modified on June 3, 2015.

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