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Discussion :: Indian Economy

  1. With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in:

    2. A.

     the year 2005
    B.

     the year 1995
    C.

     the year 1998
    D.

     the year 1990

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    Answer : Option B

    Explanation :

    With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in the year 1999.

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