FDI limit in insurance sector - General Economics & Indian Economy

Q.  Consider the following statements

1. The FDI limit in insurance sector is 49%.

2. IRDA's headquarter is in New Delhi.

Which of the above statements is / are correct?
- Published on 07 Jul 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Only 1
 
IRDA's headquarter is in Hydrabad .IRDA is autonomous apex statutory body which regulates and develops the insurance industry in India.

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