Question

What is mentioned regarding the Conservation Ratio in the guidelines?

a.

It will include group fund business, and a separate guideline on group insurance premium treatment will be issued

b.

It will exclude group fund business

c.

The treatment of group insurance premium is not specified

d.

It will include group fund business without any ambiguity

Answer: (a).It will include group fund business, and a separate guideline on group insurance premium treatment will be issued Explanation:The guidelines state that the Conservation Ratio will include group fund business. However, a separate guideline on the treatment of group insurance premium will be issued to avoid ambiguity.

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Q. What is mentioned regarding the Conservation Ratio in the guidelines?

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