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      Question

      What is the new solvency requirement set by IRDAI for

      surety bonds?
      A 1.875 times Correct Answer Incorrect Answer
      B 2 times Correct Answer Incorrect Answer
      C 1.5 times Correct Answer Incorrect Answer
      D 1.75 times Correct Answer Incorrect Answer
      E 1.25 times Correct Answer Incorrect Answer

      Solution

      IRDAI lowered the solvency requirement for surety bonds from 1.875 times to 1.5 times to expand the surety insurance market.

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