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SSC Selection Post 2024 PYQ — Question 30

SSC Selection Post - Matriculation Level - 21 June 2024 - Shift 1 • General Awareness • Q30

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Who was appointed as the chairman of the Insurance Regulatory and Development Authority of India (IRDAI) in March 2022?

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Correct answer: B

Explanation

The correct answer is option 2 i.e. Debasish Panda.

  • Debasish Panda was appointed as the chairman of the Insurance Regulatory and Development Authority of India (IRDAI) in March 2022.

  • Mr. Panda, a retired Indian Administrative Service (IAS) officer from the 1987 batch of the Uttar Pradesh cadre, served as Secretary, Department of Financial Services in the Ministry of Finance before retiring in January 2022. Following his retirement, he was appointed to the Insurance Regulatory and Development Authority of India (IRDAI).

  • The Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body established under the IRDA Act, 1999, whose primary role is to regulate and promote the insurance and reinsurance sectors in the country.

  • The mission of IRDAI is to protect the interests of policyholders and to regulate, promote and ensure orderly growth of the insurance industry.