22 July 2013

 

Question Of The Day #128: Debutant

 

Weekly Theme: BFSI

 

Connect.

 

9 comments:

  1. Insurance Regulatory and Development Authority (IRDA) was set up as an autonomous body by government of India based on recommendation of Committee on Reforms in the Insurance Sector, headed by R.N. Malhotra (Retired Governor, Reserve Bank of India). The above 500 rupees note is signed by R.N. Malhotra.

    ReplyDelete
  2. RN Malhotra
    Former RBI Governor and under his recommendations the IRDA was constituted as an autonomous body in 1999

    ReplyDelete
  3. The first 500 rupee note was introduced in India during the term of R.N.Malhotra as RBI governor.

    Based on the recommendations of Malhotra committee Insurance Regulatory and Development Authority of India was created in 2000.

    ReplyDelete
  4. IRDA(Insurance regulation and Development Authority) was setup under recommendations of Malhotra committee, Headed by Mr RN Malhotra, who is a Retired Governor,RBI under whose tenure the first 500 rupee notes were introduced. Above is a note with his signature on it.

    ReplyDelete
  5. The answer is R N Malhotra. He was the chairman of the Malhotra committee 1999,following the recommendations of the Malhotra Committee report, in 1999, the Insurance Regulatory and Development Authority (IRDA) was constituted as an autonomous body to regulate and develop the insurance industry. During his tenure as RBI Governor, the 500-rupee note was introduced.

    ReplyDelete
  6. Committee on Reforms in the Insurance Sector, headed by Mr. R. N. Malhotra, (Retired Governor, Reserve Bank of India) was set up in 1994. the IRDA Act 1999 was passed after the recommendation report submitted by the committee.

    ReplyDelete
  7. IRDA was set up under the chairmainship of R.N.Malhotra former governer of RBI.During his tenure the 500 rupee note was introduced.

    ReplyDelete
  8. IRDA was set up under the chairmanship of R.N.Malhotra former governor of RBI.During his tenure the 500-rupee note was introduced.

    ReplyDelete
  9. The connect is new Bancassurance model which allows a bank to sell products of multiple insurance firm.

    ReplyDelete