Question

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

a.

To guide the insurer in marketing its investment products

b.

To ensure compliance with SEBI regulations only

c.

To establish a model code of conduct for investment operations

d.

To guide the insurer in making investment decisions and ensure compliance with various regulations and guidelines

Answer: (d).To guide the insurer in making investment decisions and ensure compliance with various regulations and guidelines Explanation:The Investment Policy is drawn up to guide the insurer in making investment decisions. It ensures compliance with various regulations, including SEBI regulations, and addresses issues related to liquidity, prudential norms, exposure limits, stop-loss limits, and other internal controls of investment operations.

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

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