Consider the following statements with respect to International Association of Insurance Supervisors (IAIS):
1. IAIS is a voluntary membership organisation of insurance supervisors and regulators.
2. Indian Insurance Regulatory and Development Authority is not a member of IAIS
Which of the above statements is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
1. IAIS is a voluntary membership organisation of insurance supervisors and regulators.
2. Indian Insurance Regulatory and Development Authority is not a member of IAIS
Which of the above statements is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2