Which One of the Following, is the Basic Insurance Legislation of the Country, that governs Insurance Business in India?

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, is the Basic Insurance Legislation of the

1.	Which One of the Following, is the Basic Insurance Legislation of the Country, that governs Insurance Business in India?
A.	Insurance Act, 1938.
B.	Insurance Regulatory and Development Authority (I.R.D.A.) Act, 1999.
C.	Deposit Insurance and Credit Guarantee Corporation Act, 1961.
D.	Public Liability Insurance Act, 1991.
Answer» C. Deposit Insurance and Credit Guarantee Corporation Act, 1961.