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NIACL Administrative Officer Malhotra Committee — practice questions

Explore 1 free Malhotra 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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Malhotra Committee questions and exercises with answers

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Who chaired the Committee on Reforms in the Insurance Sector that recommended opening insurance to private and foreign players?Read the answer and worked solution →

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Who chaired the Committee on Reforms in the Insurance Sector that recommended opening insurance to private and foreign players?

  1. Y. V. Reddy
  2. Rangarajan
  3. R. N. Malhotra
  4. R. H. Patil
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Correct answer: C. R. N. Malhotra

1. Insurance sector reforms followed the 1991 economic reforms. 2. In 1993 the Government set up a Committee on Reforms in the Insurance Sector. 3. It was headed by Shri R. N. Malhotra, retired Governor of the Reserve Bank of India. _Source: IRDA Brochure (irdai.gov.in — official IRDAI publication) — "1993: Committee on Reforms in the Insurance Sector, headed by Shri R. N. Malhotra (Retired Governor, Reserve Bank of India)"_

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