Previous year MCQs

Economy UPPSC 2002 GS-I
Question

For regulation of the Insurance Trade in the country the Government has formed:

Answer & Solution

Answer: (Detailed Solution Below)

Option C: Insurance Regulatory and Development Authority

Detailed Solution:

The correct answer is “Insurance Regulatory and Development Authority ”.
For the regulation of the insurance sector in India, the government has formed the Insurance Regulatory and Development Authority (IRDA).

Similar Questions:

Which of the following price index numbers are used for calculation of Central Government employees wage compensation:
  1. A) Wholesale price index
  2. B) Consumer price index for industrial workers
  3. C) Consumer price index for agricultural labourers
  4. D) None of these
Government of India first Nationalized of 14 major commercial banks:
  1. A) In the year of 1956
  2. B) In the year of 1959
  3. C) In the year of 1969
  4. D) In the year of 1971
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  2. B) Fiscal deficit
  3. C) Revenue deficit
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  2. B) Sri Lanka
  3. C) Pakistan
  4. D) Nepal
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2. Investment is the essential factor of capital formation.

Select the correct answer using the codes given below.
Codes :
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  2. B) Only 2
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(2) Relative poverty
(3) Subjective poverty
(4) Functional poverty

Choose the correct answer using the code given below—
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  2. B) Only 3 and 4
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