Who is the present chairman of IRDA in India?

a. T. S. Vijayan

b. J. Hari Narayan

c. Nilesh Sathe

d. D. D. Singh

ANSWER: T. S. Vijayan

Explanation:

T.S. Vijayan is the present chairman of the IRDA.

The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutory agency tasked with regulating and promoting the insurance and re-insurance industries in India.

It was constituted by the IRDA Act, 1999, an act of Parliament passed by the Govt. of India.

The agency's headquarters are in Hyderabad, Telangana, where it moved from Delhi in 2001.

Organizational Structure

It is a ten-member body consisting of a chairman, five full-time and four part-time members appointed by the Govt. of India.

In September 2016, the authority was chaired by T. S. Vijayan and its full-time members were P. J. Joseph, Nilesh Sathe, V. R. Iyer, Pournima Gupte and D. D. Singh.

IRDA - Insurance Regulatory and Development Authority

Founded: 1999

Headquarters: Hyderabad, Telangana

Current Head: T. S. Vijayan