Question

What is the maximum limit for investments in securitised assets (Mortgage Backed Securities, Asset Backed Securities, Security Receipts) for life insurance companies?

a.

5% of Investment assets

b.

10% of Investment assets

c.

15% of Investment assets

d.

20% of Investment assets

Answer: (b).10% of Investment assets Explanation:Investments in securitised assets (Mortgage Backed Securities, Asset Backed Securities, Security Receipts) for life insurance companies should not exceed 10% of the Investment assets.

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Q. What is the maximum limit for investments in securitised assets (Mortgage Backed Securities, Asset Backed Securities, Security Receipts) for life insurance companies?

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