[amp_mcq option1=”Insurance company” option2=”Surveyor” option3=”Central Govt.” option4=”IRDA” correct=”option4″]
The correct answer is: D. IRDA
A Third-Party Administrator (TPA) is a company that provides administrative services to insurance companies. TPAs are licensed by the Insurance Regulatory and Development Authority of India (IRDA).
Option A is incorrect because insurance companies do not license TPAs.
Option B is incorrect because surveyors do not license TPAs.
Option C is incorrect because the Central Government does not license TPAs.
Option D is the correct answer because the IRDA is the government body that licenses TPAs in India.