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Question

How many new members has IRDAI appointed to the restructured Insurance Advisory Committee (IAC)?

The correct answer is

Five

Why in the news?

"IRDAI Appoints Five New Members to Insurance Advisory Committee”

The IRDAI has appointed five new members to the restructured Insurance Advisory Committee (IAC) under Section 25 of the IRDA Act, 1999, and Regulation 3A of the IRDA (IAC) Regulations, 2000, strengthening expertise in banking, insurance, and finance.

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