UPSC Quiz – 2020 : IAS Daily Current Affairs Quiz Day 85

Solution (b)

Source: https://pib.gov.in/newsite/PrintRelease.aspx?relid=193609

Solution (b)

It is an overseas department and region of France and an island in the Indian Ocean, east of Madagascar and 175 km southwest of Mauritius.

The island has been inhabited since the 16th century, when people from France and Madagascar settled there. Slavery was abolished on 20 December 1848 (a date celebrated yearly on the island), when the French Second Republic abolished slavery in the French colonies. However, later on indentured workers were brought to Réunion from South India, among other places. The island became an overseas department of France in 1946.

As in France, the official language is French. In addition, the majority of the region’s population speaks Réunion Creole.

Solution (c)

The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India. It was constituted by the Insurance Regulatory and Development Authority Act, 1999, an Act of Parliament passed by the Government of India. The agency’s headquarters are in Hyderabad, Telangana, where it moved from Delhi in 2001.

IRDAI is a 10-member body including the chairman, five full-time and four part-time members appointed by the government of India.

Following the recommendations of the Malhotra Committee, in 1999 the Insurance Regulatory and Development Authority (IRDA) was constituted to regulate and develop the insurance industry and was incorporated in April 2000. Objectives of the IRDA include promoting competition to enhance customer satisfaction with increased consumer choice and lower premiums while ensuring the financial security of the insurance market.

Solution (d)

Madhubani art has five distinctive styles: Bharni, Katchni, Tantrik, Godna and Kohbar.

Solution (a)

Source: https://pib.gov.in/PressReleseDetail.aspx?PRID=1587148