From the following, which is the dilly or powers of IRDA?

Question

Question: From the following, which is the dilly or powers of IRDA?

Options:

1.  To regulate, promote and ensure orderly growth of the insurance business
2.  To exercise all powers and functions of the Controller of Insurance
3.  To promote and regulate professional organizations connected with insurance business
4.  All of these

Answer 1

4. All of these

The dilly or powers of IRDA is

• to regulate, promote and ensure orderly growth of the insurance business
• to exercise all powers and functions of the Controller of Insurance
• to promote and regulate professional organizations connected with insurance business.

All are within the power of IRDA.