Static GK - Organizations & Headquarters
The Insurance Regulatory and Development Authority of India (IRDAI) was established in which year?
The Insurance Regulatory and Development Authority of India (IRDAI) was established in which year?
easy Q13 of 15
Step-by-Step Solution
Step 1: Identify the concept
The question asks for the year IRDAI was established to regulate the insurance sector.Step 2: Apply the concept
IRDAI was established in 1999 under the IRDA Act to regulate and develop the insurance industry in India.Final Answer:
1999 → Option AQuick Check:
IRDAI establishment year = 1999 ✅
Quick Trick: Remember the sequence: RBI (1935), SEBI (1992), IRDAI (1999).
Common Mistakes:
MISTAKES- Confusing IRDAI's year with SEBI's establishment year 1992.
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