Regulation of Insurance Market (IrDAI)

12345
1.
Which authority regulates chit funds in India?
2.
Which type of body is the IRDAI?
3.
Where is the headquarters of  IRDAI located?
4.
Which body regulates Agriculture Insurance Company of India (AIC)?
5.
Consider the following statements about the Insurance Regulatory and Development Authority of India (IRDAI): 1. It may have a Chairperson. 2. It may have not more than five whole-time members. 3. It may have not more than four part-time members. What is the maximum statutory strength of IRDAI?
These questions are part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations.