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Where is the head office of Insurance Regulatory & Development Authority located ?

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UPSSSC PET Official Paper (Held On: 28 Oct, 2023 Shift 1)
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  1. Mumbai
  2. New Delhi
  3. Chennai
  4. Hyderabad

Answer (Detailed Solution Below)

Option 4 : Hyderabad
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Detailed Solution

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The correct answer is Hyderabad.

Key Points

  • Insurance Regulatory and Development Authority (IRDA) has its headquarter in Hyderabad, Telangana where it was moved in 2001 from Delhi.
  • IRDA is the regulatory body of Insurance sector in India.
  • It was established under Insurance Regulatory and Development Authority Act,1999.
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