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Q.

Which committee recommended the establishment of IRDA?

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a

D.R. Gadgil Committee

b

P.N. Mehrotra Committee

c

R.N. Malhotra Committee

d

Rajmannr Committee

answer is A.

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Detailed Solution

The Insurance Regulatory and Development Authority (IRDA), which was established in 1999 to oversee and advance the insurance sector in accordance with the recommendations of the Malhotra Committee, was officially formed in April 2000.

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