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    • Question

      In Life Insurance, the surplus as per Valuation Balance

      Sheet is ₹20 crore. 95% is to be allocated to policyholders and 5% to shareholders. If policy bonus is declared in the form of reversionary bonus, how much is allocated to shareholders?
      A ₹1 crore Correct Answer Incorrect Answer
      B ₹2 crore Correct Answer Incorrect Answer
      C ₹4 crore Correct Answer Incorrect Answer
      D ₹0.95 crore Correct Answer Incorrect Answer
      E ₹1.5 crore Correct Answer Incorrect Answer

      Solution

      Shareholders’ share = 5% of 20 crore = 1 crore.

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