Question

The Insurance Regulatory and Development Authority of India (Irdai) has eliminated the need for caseby-case approval for insurer investments in Infrastructure Development Fund (ID

  • F to boost investments in the infrastructure sector. It has laid down certain conditions, such as IDF-NBFC registration with RBI, a minimum _______ -year residual tenure for debt securities must be met for investments to be approved.
A 3
B 5
C 7
D 10
E None of these
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