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Insurance Companies
Which regulatory authority governs the insurance sector in India?
The Insurance Regulatory and Development Authority of India (IRDAI) governs and supervises the insurance sector in India.
What is the full form of IRDAI?
Insurance Regulatory and Development Authority of India
In which year was IRDAI established as a statutory body?
IRDAI was established as a statutory body in 2000 under the IRDA Act, 1999.
What is the minimum paid-up capital required to start a general insurance company in India?
Rupees 100 crore minimum paid-up capital required
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