If an organization wishes to venture into Insurance Business it has to obtain a licence first from which of the following ?

Q. If an organization wishes to venture into Insurance Business it has to obtain a licence first from which of the following ?

A.            Indian Banks Association (IBA)

B.            Security and Exchange Board of India (SEBI)

C.            Tariff Advisory Committee (TAC)

D.            Insurance Regulatory and Development Authority of India (IRDAI)

Answer: Insurance Regulatory and Development Authority of India (IRDAI)