TAC stands for

Question

Question: TAC stands for

Options:

1.  Trade Advisory Corporation
2.  Trade Advisory Committee
3.  Tariff Advisory Corporation
4.  Tariff Advisory Committee

Answer 1

4. Tariff Advisory Committee

TAC stands for Tariff Advisory Committee.

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More information:

Traffic Advisory Committee [TAC] is the statutory body that regulates and controls the prices, benefits, terms and conditions that may be offered to insurers in respect of the General Insurance Business, Fire insurance, Marine insurance, engineering and workmen compensation.

It was setup under Insurance Act 1938.