Question

What percentage of rural sector obligations is applicable for a life insurer in the second financial year, as per the regulations?

a.

Seven percent

b.

Nine percent

c.

Twelve percent

d.

Fourteen percent

Answer: (b).Nine percent Explanation:In the second financial year, a life insurer is obligated to fulfill nine percent of total policies written direct in that year for the rural sector.

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Q. What percentage of rural sector obligations is applicable for a life insurer in the second financial year, as per the regulations?

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