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what is the clashes between the sebi & irda
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- Bank of Baroda, State Bank Of India SBI, I also Faced
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Answer / sm_kumar1536
regarding ulip. sebi claims that ulips related to
investment in share market. so insurance coy should get
permission from sebi. But irda claims that ulips also a
insurance product. so there is no need to get permission fm
sebi. now the case is in court
| Is This Answer Correct ? | 17 Yes | 2 No |
Answer / chandan kr gupta
Unit Linked Insurance Product(ULIP)'s most part is invested
in share market by insurance company,irda is the regulation
authory of insurance companies and sebi is the regulating
authory of share market. though, the product(ulip)is
entering in share market, so, sebi getting problem. and
sebi ordered that companies who selling ulip, to registered
their products under sebi. But IRDA do'nt agree with sebi,
and he says ulip is insurance product so, it comes under
our area.
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / dambarudhar malik
sebi stand for security exchange board of india
irda stand for Insurance Reegularity & Devolopment
Autharity
| Is This Answer Correct ? | 5 Yes | 1 No |
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UPSC 
