Question

What is the limit of investment in immovable property covered under Section 27A(1 )(n) of the IRDA regulations in case of General Insurer?

a.

1% of the Investment Assets

b.

2% of the Investment Assets

c.

3% of the Investment Assets

d.

5% of the Investment Assets

Posted under IC 89 Management Accounting

Answer: (c).3% of the Investment Assets Explanation:The limit of investment in immovable property covered under Section 27A(1)(n) of the IRDA regulations for a General Insurer is 3% of the Investment Assets.

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Q. What is the limit of investment in immovable property covered under Section 27A(1 )(n) of the IRDA regulations in case of General Insurer?
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