| 1. | Who was the head of panel who recommended an increase in indemnity being provided to the policyholders under Trade Credit Insurance from existing 85% of the trade receivables from each buyer to 90%? |
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Answer: Option B Explanation: Insurance Regulatory and Development Authority of India formulated nine-member expert panel headed by New India Assurance Chairman & Managing Director Atul Sahai has recommended an increase in indemnity (protection against finances) being provided to the policyholders under Trade Credit Insurance from existing 85% of the trade receivables from each buyer to 90%. |
