n NISM Certifications
NSM General NISM
Medium

What can IRDAI do if an insurance agent fails to submit required information on time?

Practice question from IC 38 Mock Test 16 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Appoint the agent as an Investigating Officer

  2. B

    Revoke the agent's appointment

  3. C

    Initiate legal action against the agent

  4. Appoint an Investigating Officer to inspect the agent’s affairs

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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