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Answer : 1. "Malhotra Committee"
Which of the following committees recommended the privatization and restructuring of LIC for the first time in India?
5Q:
Which of the following committees recommended the privatization and restructuring of LIC for the first time in India?
- 1Malhotra Committeetrue
- 2Narasimhan Committeefalse
- 3Rangarajan Committeefalse
- 4Dutt Committeefalse
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Answer : 1. "Malhotra Committee"
Explanation :
Following the recommendations of the Malhotra Committee report, in 1999, the Insurance Regulatory and Development Authority (IRDA) was constituted as an autonomous body to regulate and develop the insurance industry.