logo

CuriousTab

CuriousTab

Discussion


Home Current Affairs Persons See What Others Are Saying!
  • Question
  • IRDAI set up a Committee of 13 members to review regulatory framework on micro-insurance. Who is the head of the committee?


  • Options
  • A. Suresh Mathur
  • B. Girish Joshi
  • C. Amit Rathi
  • D. Rajinder Singh

  • Correct Answer
  • Suresh Mathur 

    Explanation
    The Insurance Regulatory and Development Authority of India (IRDAI) set up a 13-member committee in order to review regulatory framework on micro insurance, and suggest the steps to be taken to raise demand for such products in India by recommending product designs with customer-friendly underwriting, example, easy premium payment methods and simple claims settlement procedures. The committee is headed by Suresh Mathur, IRDAI's Executive Director. It constitutes of officials from IRDAI, life, general and health insurance companies in public and private sectors, as well as NGOs (Non-Government Organizations). The committee was formed because of less than desired offtake of micro insurance products in spite of their immense benefits in India. It will also give recommendations about alteration in distribution structure, that is, creating effective awareness programmes and making web-based technology driven solutions.

  • More questions

    • 1. Which film won the Best Foreign Film in Oscar 2019?

    • Options
    • A. Shoplifters
    • B. Cold War
    • C. Roma
    • D. Capernaum
    • Discuss
    • 2. Which Hockey team won Malaysia series?

    • Options
    • A. Germany
    • B. Spain
    • C. India
    • D. Malaysia
    • Discuss
    • 3. The Union Cabinet approved the signing of a new Air Services Agreement with this country recently.

    • Options
    • A. Poland
    • B. Germany
    • C. Serbia
    • D. Australia
    • Discuss
    • 4. Government infused a capital of Rs. 205 crore with which bank recently?

    • Options
    • A. Indian Overseas Bank
    • B. Punjab National Bank
    • C. Bank of Baroda
    • D. Bank of Maharashtra
    • Discuss
    • 5. The Union Cabinet approved four GST related bill recently. Identify which of the following is not one of them.

    • Options
    • A. The Central Goods and Services Tax Bill 2017
    • B. The Integrated Goods and Services Tax Bill 2017
    • C. The Union Territory Goods and Services Tax Bill 2017
    • D. The States Goods and Services Tax Bill 2017
    • Discuss
    • 6. Which of the following movies won the 89th Academy Awards for the Best Picture?

    • Options
    • A. La La Land
    • B. Arrival
    • C. Moonlight
    • D. Lion
    • Discuss
    • 7. Which film has been chosen as Bangladesh's official entry for the Oscars 2019?

    • Options
    • A. Dhaka Attack
    • B. Nabab
    • C. Doob
    • D. Detective
    • Discuss
    • 8. Where did India's first natural Ice Cafe located?

    • Options
    • A. Himchal Pradesh
    • B. J&K
    • C. Sikkim
    • D. Arunachal Pradesh
    • Discuss
    • 9. ISRO Launches PSLV C-45 Carrying EMISAT with how many Nano satellite?

    • Options
    • A. 28
    • B. 12
    • C. 25
    • D. 32
    • Discuss
    • 10. The book "An Unsuitable Boy" is the autobiography of which Indian personality?

    • Options
    • A. Twinkle Khanna
    • B. Rishi Kapoor
    • C. Rahul Bose
    • D. Karan Johar
    • Discuss


    Comments

    There are no comments.

Enter a new Comment