ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    As per IRDAI norms, an insurer must maintain a solvency

    ratio of at least 150%. If an insurerтАЩs available solvency margin is тВ╣900 crore, what should be its maximum required solvency margin to comply?
    A тВ╣1,350 crore Correct Answer Incorrect Answer
    B тВ╣600 crore Correct Answer Incorrect Answer
    C тВ╣700 crore Correct Answer Incorrect Answer
    D тВ╣750 crore Correct Answer Incorrect Answer
    E тВ╣450 crore Correct Answer Incorrect Answer

    Solution

    тАв Solvency ratio = ASM ├╖ RSM тЙе 150%. 900 ├╖ RSM тЙе 1.5 тЖТ RSM тЙд тВ╣600 crore.

    Practice Next
    More Accounts Questions
    ask-question