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Which regulatory provisions did the the Insurance Regulatory and Development Authority of India (IRDAI) reference while imposing the fine on Acko General Insurance for violations related to outsourcing and commissions in May 2025?
Section 40(1) of Insurance Act
Section 5 of IRDAI Act
Section 45 of Banking Act
Section 64V of Insurance Act
Section 40(1) of Insurance Act
Practice and solve "Which regulatory provisions did the the Insurance Regulatory and Development Authority of India (IRD..." for General Awareness and Current Affairs - Previous Year Paper 2024. The correct answer is Option A: Section 40(1) of Insurance Act. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Which regulatory provisions did the the Insurance Regulatory and Development Authority of India (IRD..." for General Awareness and Current Affairs - Previous Year Paper 2024. The correct answer is Option A: Section 40(1) of Insurance Act. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.