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Question

Which form is used for preparing the Profit and Loss Account of an General insurance company under the IRDA Regulations, 2002?

A Form B - RA Correct Answer Incorrect Answer
B Form B - PL Correct Answer Incorrect Answer
C Form A - RA Correct Answer Incorrect Answer
D Form A - PL Correct Answer Incorrect Answer
E Form B - FS Correct Answer Incorrect Answer

Solution

The Profit and Loss Account of an insurance company under the IRDA Regulations, 2002, is prepared using Form B - PL.

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