Which One of the Following Bodies, has prescribed the Regulations for Protecting the Interests of Policy- Holders, stipulating the Obligations on Both: Insurers as well as Intermediaries?

• A. Life Insurance Council and General Insurance Council, Jointly.
• B. Policy-Holders' Association of India (P.A.I.).
• C. Insurance Regulatory and Development Authority of India (I.R.D.A.I.)
• D. Life Insurance Corporation (L.I.C.) of India and General Insurance Corporation (G.I.C.) of India, Jointly.