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IRDAI Sets Up Consultative Committee

Published on October 29, 2022
Current Context: The Insurance Regularity and Development Authority of India (IRDAI) set up a consultative committee for increasing health coverage in India.
IRDAI Sets Up Consultative Committee
  • A 15-member consultative committee was set up by the IRDAI for a period of 2 years.
  • Rakesh Joshi will be the head of the consultative committee.
  • It was decided that the committee will meet physically or virtually at least once a year or on a quarterly basis.
  • The committee’s primary objective will be to identify challenges faced by the health insurance sector and suitable steps to counter them.
  • Additionally, the committee will also provide recommendations for standardization regarding the capture, collation, and analysis of data.
  • IRDAI was established in 1999 under the IRDAI Act 1999 with its headquarters in Hyderabad, Telangana. Its current Chairperson is Debasish Panda.

Question:

Q.1 Recently the IRDAI set up a ___ member committee for increasing health coverage in India.
a. 10
b. 15
c. 20
d. 25
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