Practice Insurance Regulatory and Development Authority of India (IRDAI) - 1.3 | 5. Business Regulators and Intermediaries | ICSE 12 Business Studies
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Insurance Regulatory and Development Authority of India (IRDAI)

1.3 - Insurance Regulatory and Development Authority of India (IRDAI)

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

When was the IRDAI established?

💡 Hint: Think about the turn of the century.

Question 2 Easy

What is the primary role of IRDAI?

💡 Hint: Focus on what it says in the title.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What year was the IRDAI established?

1995
1999
2003

💡 Hint: Think of the end of the 20th century.

Question 2

True or False: The IRDAI only focuses on urban insurance markets.

True
False

💡 Hint: Consider the role of wider access.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Analyze how the IRDAI can influence changes in consumer behavior towards insurance products.

💡 Hint: Consider the impact of trust on decisions.

Challenge 2 Hard

Evaluate the effectiveness of IRDAI's efforts in promoting insurance in rural areas.

💡 Hint: Think about how measurable success can be interpreted.

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Reference links

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