Question
a.
Not more than 1 percent of fund size
b.
Not more than 5 percent of fund size
c.
Not more than 10 percent of fund size
d.
Not more than 20 percent of fund size
Posted under IC 89 Management Accounting
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. As per Directives for Investment in Alternative Investment Funds for insurers, what is the permissible limit of exposure to a single AIF or venture fund for insurers?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. As per Regulation 13, provision on investment management, for applications received, with local cheques payable at par at the place where the premium is received, before cut-off Time (3.00pm) on a business day, what will be the applicable NAV?
View solution
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?
View solution
Q. What is the maximum period of maturity for money market instruments?
View solution
Q. Which of the following Government securities are rooted with derivatives, such as call options and put options?
View solution
Q. ___________ reflects volatility of return on an investment relative to market swings.
View solution
Q. Which of the following is a financial asset?
View solution
Q. When should the insurer confirm the implementation of Internal/Concurrent Audit observations to the Authority?
View solution
Q. In what manner are shareholders' funds beyond the Solvency Margin treated in terms of investment?
View solution
Q. What is the requirement for reconciliation in the case of ULIP products for life insurers?
View solution
Q. What is the role of the Audit Committee in the internal audit process?
View solution
Q. What is the regulatory requirement for insurers with Asset under Management (AUM) not exceeding Rs. 1000 crores regarding internal audit of investments?
View solution
Q. How often should major expenses like management fees be accrued for computation of NAV?
View solution
Q. What is the significance of maintaining NAV history in the system?
View solution
Q. What is the purpose of the facility to upload transactions like Stock Splits, Dividend Receipts, etc., in the System?
View solution
Q. What role does the System play in compliance with regulatory requirements?
View solution
Q. Why is the periodic credit review necessary for investee companies?
View solution
Q. What is the significance of the System capturing and considering Instrument Ratings?
View solution
Q. What types of risks are associated with investments?
View solution
Q. What is the purpose of the System in monitoring and controlling Inter Fund Transfer transactions?
View solution
Q. What is the role of the Cash Management System (CMS) in managing liquidity risks?
View solution
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!
