Question

What additional investments are deemed as approved by the Authority for Life Insurers under Section 27A of the Act?

a.

Only equity shares and preference shares

b.

Only bonds or debentures rated not less than AA

c.

Only loans secured as required under the Act

d.

Loans secured as required under the Act, rated debentures, equity shares, preference shares, and debt instruments issued by All India Financial Institutions recognized by RBI

Answer: (d).Loans secured as required under the Act, rated debentures, equity shares, preference shares, and debt instruments issued by All India Financial Institutions recognized by RBI Explanation:Loans secured as required under the Act, rated debentures, equity shares, preference shares, and debt instruments issued by All India Financial Institutions recognized by RBI are deemed as approved investments by the Authority.

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Q. What additional investments are deemed as approved by the Authority for Life Insurers under Section 27A of the Act?

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