Question

What is the basis for calculating compliance with rural sector obligations for both general and life companies?

a.

Total assets

b.

Sale of products conforming to micro-insurance regulations

c.

Number of policies issued

d.

Premium income

Answer: (b).Sale of products conforming to micro-insurance regulations Explanation:Compliance with rural sector obligations for both general and life companies is based on the sale of products conforming to micro-insurance regulations.

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Q. What is the basis for calculating compliance with rural sector obligations for both general and life companies?

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