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IRDAI hiked maximum investment limit of insurers in banking, financial services and insurance (BFSI) companies to 30% of their assets from 25%. Investment in housing financing companies and infrastructure financing companies will be a part of this. As per the latest changes to Irdai’s investment Regulations, 2016, the exposure limit for financial and insurance activities will now stand at 30% of investment assets for all insurers. Investment in housing financing companies and infrastructure financing companies will be a part of this. Experts feel that the hike by the regulator will help insurers bring their exposure to financial and insurance activities near broader Indian market indices. The life insurance industry had been seeking an increase in the current 25% sectoral limit on exposure to the BFSI Sector.
Consider the following statements in reference to Qara Tagh Pass.
1. It is located in the state of Arunachal Pradesh.
2. It is an offsh...
When did Henry Cavendish report the measurement of the gravitational constant with the mass and density of the Earth?
In which year does the 'Insurance for All' initiative aim to ensure that every citizen has access to suitable life, health, and property insurance?
Who received the 2023 IPL Orange Cap?
Which of the following personalities is a Padma Shri awardee folk singer from the state of Uttar Pradesh?
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One hundredth Amendment of Indian Constitution is related to
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Which of the following is the new alluvium deposited by floods in the Ganga Plain?
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