III IC-14 Practice Questions - III IC-14 Regulations Of Insurance Business (Insurance Institute Of India) Exam

Under the Insurance Act, 1938 framework taught at Licentiate level, 'insurance business' regulation covers:

Only marine cargo policies Life, general, and health insurance operations subject to the Act and IRDAI rules Only government employee pension schemes with no private insurers Only reinsurance treaties written outside India

Correct Answer:

Life, general, and health insurance operations subject to the Act and IRDAI rules

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