Insurance regulator IRDA has directed Reliance Health Insurance Company (RHICL) to stop selling new policies. In this context, consider the following statements regarding “The Insurance Regulatory and Development Authority of India”.nI. IRDA is a statutory body which regulates and promotes the insurance and re-insurance industries in India.nII. It is headquartered in Hyderabad.nIII. Subhash Chandra Khuntia is the current chairperson of the IRDA.nChoose the correct statements

• A. I only
• B. I and II only
• C. II and III only
• D. All of the above