A committee was set-up in 1993 under the chairmanship of R.N. Malhotra to evaluate which one of the…
The Government of India appointed the R.N. Malhotra Committee in April 1993 to evaluate the Indian Insurance Industry and recommend reforms, which subsequently led to the…
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A committee was set-up in 1993 under the chairmanship of R.N. Malhotra to evaluate which one of the following?
Answer and explanation
Correct answer D
The Government of India appointed the R.N. Malhotra Committee in April 1993 to evaluate the Indian Insurance Industry and recommend reforms, which subsequently led to the establishment of the Insurance Regulatory and Development Authority (IRDA) and opening up of the insurance sector.
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UGC NET Commerce