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Question

General Knowledge Question on Politics and Government

To permit operations of private life insurance companies in India, Government of India revised the Insurance Regulatory and Development Authority (IRDA) Act in the year

A

1999

B

1998

C

2000

D

2001

Answer

1999

Explanation

Solution

To permit operations of private life insurance companies in India, Government of India revised the Insurance Regulatory and Development Authority (IRDA) Act in the year 1999
The correct option is (A)