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NIACL Administrative Officer Insurance Advisory Committee — practice questions

Explore 1 free Insurance Advisory Committee questions in NIACL Administrative Officer Insurance. Open each question or exercise to read its content, reference answers and available explanation.

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Insurance Advisory Committee questions and exercises with answers

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The Insurance Advisory Committee may have at most how many members (excluding ex-officio members)?Read the answer and worked solution →

Worked practice questions

The Insurance Advisory Committee may have at most how many members (excluding ex-officio members)?

  1. 15
  2. 25
  3. 20
  4. 30
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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"_

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