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Which of the following committees has been constituted by Insurance Regulatory and Development Authority (IRDAI) to review regulations governing the Insurance Marketing Firms (IMF)?

Balwant Rai Mehta Committee
Veerappa Moily Committee
Ashok Chavan Committee
Sachar Committee

Correct Answer: Sachar Committee

Explanation:

The Insurance Regulatory and Development Authority (IRDAI) has set up a 10-member committee headed by Suresh Mathur (ED-IMF, IRDAI) to review norms related to Insurance
Marketing Firms (IMF) with an aim to increase insurance penetration in the country.

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