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Subject KnowledgeCCI Junior Assistant Accounts 01 Sep 2026 Shift 1
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Which statement best describes the relationship between IRDAI and credit rating agencies in the Indian insurance sector?

A

IRDAI directly conducts insurance company ratings

B

IRDAI mandates ratings for certain insurance products

C

Credit rating agencies are subsidiaries of IRDAI

D

Credit rating agencies regulate IRDAI operations

Correct Answer

๐Ÿ“š GK โ€ข GK Verified SolutionSubject KnowledgeCCI Junior Assistant Accounts 01 Sep 2026 Shift 1
Option B

IRDAI mandates ratings for certain insurance products

Quick Summary:

Practice and solve "Which statement best describes the relationship between IRDAI and credit rating agencies in the Indi..." for Subject Knowledge - CCIJunior Assistant Accounts 01 Sep 2026 Shift 1. The correct answer is Option B: IRDAI mandates ratings for certain insurance products. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.

Concept & Solution

Practice and solve "Which statement best describes the relationship between IRDAI and credit rating agencies in the Indi..." for Subject Knowledge - CCIJunior Assistant Accounts 01 Sep 2026 Shift 1. The correct answer is Option B: IRDAI mandates ratings for certain insurance products. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.

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