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      Question

      LIC, ____________________ and New India Assurance are

      identified as Domestic Systemically Important Insurers (D-SIIs) for 2021-22.
      A United India Insurance Correct Answer Incorrect Answer
      B The Oriental Insurance Company Correct Answer Incorrect Answer
      C National Insurance Company Limited Correct Answer Incorrect Answer
      D General Insurance Corporation of India Correct Answer Incorrect Answer
      E Reliance General Insurance Correct Answer Incorrect Answer

      Solution

      LIC, General Insurance Corporation of India and New India Assurance are identified as Domestic Systemically Important Insurers (D-SIIs) for 2021-22. D-SIIs refer to insurers of such size, market importance and domestic and global inter connectedness, whose distress or failure would cause a significant dislocation in the domestic financial system.

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