The Insurance Advisory Committee may have at most how many members (excluding ex-officio members)?
- 15
- 25
- 20
- 30
Show answer and solution
Correct answer: B. 25
1. The IAC is a body that represents diverse insurance stakeholders.
2. Its size is capped by the IRDA Act.
3. It consists of not more than 25 members excluding ex-officio members.
_Source: IRDA Brochure (irdai.gov.in — official IRDAI publication) — "Insurance Advisory Committee(IAC) - consists of not more than 25 members excluding ex-officio members"_