Team Leader Back Office
Team Leader Back Office Interview Questions and Answers
Q1. 3. What is IRDA
IRDA stands for Insurance Regulatory and Development Authority of India.
IRDA is a regulatory body that oversees the insurance industry in India.
It was established in 1999 under the IRDA Act.
IRDA's main functions include issuing licenses to insurance companies, regulating premiums, and protecting policyholders' interests.
It also promotes the development of the insurance industry in India.
IRDA has the power to impose penalties on insurance companies that violate its regulations...read more
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