In which city is the head office of the Insurance Regulatory and Development Authority of India (IRDAI) situated?
Hyderabad
Insurance Regulatory and Development Authority of India (IRDAI)
The Insurance Regulatory and Development Authority of India (IRDAI) is a crucial autonomous, statutory body in India. Its primary role is to regulate and promote the insurance and re-insurance industries. The IRDAI works to protect the interests of policyholders and to ensure the orderly growth and development of the Indian insurance sector. It lays down regulations, guidelines, and rules for the functioning of insurance companies in the country, fostering transparency and fair practices.
IRDAI Head Office Location
The head office of the Insurance Regulatory and Development Authority of India (IRDAI) is situated in the city of Hyderabad. While the IRDAI was initially established with its head office in New Delhi, it was subsequently shifted to Hyderabad in 2001. This relocation was part of efforts to decentralize the operations of various regulatory bodies across different cities in India. Therefore, anyone looking for the primary administrative location of IRDAI would find it in Hyderabad.
Important Questions from Economics
RBI The sale of a bond by the United States to individuals or institutions results in a ______.
I. Shortage of stock
II. Shortage in money supply
Which of the following statements are CORRECT for welfare economics?
A. Any competitive equilibrium leads to a Pareto efficient allocation of resources
B. Competitive equilibrium does not lead to Pareto efficient allocation of resources
C. Any efficient allocation can be attained by a competitive equilibrium given the market mechanism leading to redistribution
D. There will be no Pareto efficient allocation of resources in the society
Choose the correct answer from the options given below:
The persistent and appreciable full in level of prices and when the rate of change of price index is negative it is called as
Hindustan Fluorocarbons Ltd (HFL) is subsidiary company of _______.
All those private sector establishments and the public sector establishments that employ 10 or more hired workers are called:
