Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.296)


Which organisationn has identified LIC, GIC, New India Assurance as D-SIIs?

[C]. Transport Ministry
[D]. None of these

Answer: Option A


The Insurance Regulatory and Development Authority of India (IRDAI) has identified Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC) and New India Assurance as domestic systemically important insurers (D-SIIs). IRDAI has also subsequently decided to subject the three insurers to enhanced regulatory supervision.

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