What does IRDAI stand for?, Indian Road Development Authority, Insurance Regulatory and Development Authority of India, Insurance Research Department of India, Indian Railway Development Authority, In which year was the IRDA Act passed?, 1995, 1998, 1999, 2001, Who established IRDAI?, RBI, Government of India, LIC, SBI, What is the main role of IRD?, To build roads, To collect taxes, To issue driving licenses, To regulate the insurance industry and protect policyholders, What do we pay regularly to keep an insurance policy active?, Premium, Salary, Bonus, Tax, IRDAI ensures that insurance companies follow ________., School rules, Fair practices, Traffic rules, Cricket rules, When did IRDAI start functioning?, 2000, 2007, 2002, 1999, Deekshith bought a life insurance policy. After his death, the insurance company gave financial support to his family. Which type of insurance is this?, Health Insurance, Travel Insurance, Life insurance, Motor insurance, Bilal was travelling to another country. Her luggage was lost, and the insurance company compensated her. Which type of insurance is this?, Travel insurance, Home insurance, Motor insurance, Crop insurance, Ruchitha slipped at home and needed surgery. Her hospital expenses were paid by her insurance company. Which type of insurance is this?, Life insurance, Travel insurance, Crop insurance, Health insurance, Which type of insurance would you choose if you buy a new car? (Bonus), Health insurance, Travel insurance, Motor insurance, Life insurance

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