IRDAI meaning in Business ?

Answer: What is Insurance Regulatory and Development Authority of India mean?

The Insurance Regulatory and Development Authority of India (IRDAI) is a regulatory body under the jurisdiction of Ministry of Finance , Government of India and is tasked with regulating and licensing 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.

reference

Full Form	Category
Insurance Regulatory and Development Authority of India	Business
Insurance Regulatory Development Authority of India	Community