Which, one of the following is the regulating authority for governing the Insurance companies in India?

TRAI

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PFRDA

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IRDA

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SEBI

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Solution

The correct option is C IRDA
The Insurance Regulatory and Development Authority of India (IRDA) is the regulating authority that governs the Insurance companies in India. The IRDA was established by the Insurance Regulatory and Development Authority(IRDA) Act, 1999.
It is an autonomous, statutory agency which regulates and promotes the insurance and re-insurance industries in India.

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