Which One of the Following Acts, has the Provisions for Monitoring and Control of Operations of Insurance Companies?

Deposit Insurance and Credit Guarantee Corporation Act, 1961.

Insurance Regulatory and Development Authority (I.R.D.A.) Act, 1999.

Public Liability Insurance Act, 1991.

Which One of the Following Acts, has the Provisions for Monitoring and

1.	Which One of the Following Acts, has the Provisions for Monitoring and Control of Operations of Insurance Companies?
A.	Insurance Regulatory and Development Authority (I.R.D.A.) Act, 1999.
B.	Deposit Insurance and Credit Guarantee Corporation Act, 1961.
C.	Public Liability Insurance Act, 1991.
D.	Insurance Act, 1938.
Answer» B. Deposit Insurance and Credit Guarantee Corporation Act, 1961.