irdai eases firm registration process from 8 to 2 months
irdai chairman, debasish panda has announced that irdai has been eased the registration process of new companies by reducing the time taken to process new applications from 8 to 2 months.
The regulator has created a facilitation cell consisting of two officers for handholding the applicants so that the entity gets its approval to start its operations.
According to irdai data, the insurance penetration in the country is at 4.2% as of 2021, which is higher than china.
Take Mock Tests
Government Schemes Mock Test | Start Test! |
Political Science Mock Test – 42 | Start Test |
History Test – 190 | Start Test |
Quantitative Aptitude Test | Start Test! | Data Interpretation - Mock Test | Start Test! |
General Awareness - Mock Test | Start Test! |
Reasoning Ability - Mock Test | Start Test! |