Question

What is the exposure limit for financial and insurance activities for all insurers?

a.

15% of investment assets

b.

20% of investment assets

c.

25% of investment assets

d.

30% of investment assets

Answer: (c).25% of investment assets Explanation:The exposure limit for financial and insurance activities stands at 25% of investment assets for all insurers.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What is the exposure limit for financial and insurance activities for all insurers?

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. How should investments in Fixed Deposits and Certificate Deposits of a scheduled bank be made?

Q. What type of information is required to be submitted by insurers to the Authority according to Regulation 10?

Q. When should returns for the quarter ending March be submitted, and when should they be resubmitted with audited figures?

Q. What does Regulation 11 allow the Authority to do?

Q. What does Regulation 12 pertain to?

Q. Who are the mandatory members of the Investment Committee according to Regulation 13 (A)?

Q. What is the purpose of the Investment Policy mentioned in Regulation 13 (B)?

Q. What does the Board of Directors review on a quarterly basis according to Regulation 13 (B-iv)?

Q. How often does the Board review the Investment policy and its implementation according to Regulation 13 (B-v)?

Q. What responsibility does the Board have regarding investments?

Q. What is the requirement mentioned in Regulation 7 (c) of IRDA (Registration of Indian Insurance Companies) Regulations 2000 related to internal control of investment functions?

Q. What is the significance of the primary data server for investment management?

Q. When is the applicable NAV determined for applications received with local cheques, cash, or demand drafts?

Q. What is the procedure for determining the applicable NAV for applications received on the last business day of the Financial Year?

Q. What is the responsibility of the internal/concurrent auditor related to the reconciliation of product and fund information?

Q. What is the applicable NAV for applications received after Cut-off Time (3.00pm) on a business day?

Q. What does the insurer need to reconcile on a day-to-day basis for Unit-linked business?

Q. What is the requirement for applications received with local cheques, cash, or demand drafts after Cut-off Time (3.00 pm) on a business day?

Q. What is the basis for determining the applicable NAV for allotment of units?

Q. What does a "Business Day" mean?

Recommended Subjects

Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!