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      Question

      According to CareEdge Ratings, India’s life insurance

      industry is expected to grow at what CAGR during FY26–FY27? 
      A 5–7% Correct Answer Incorrect Answer
      B 6–9% Correct Answer Incorrect Answer
      C 7–10% Correct Answer Incorrect Answer
      D 8–11% Correct Answer Incorrect Answer
      E 10–13% Correct Answer Incorrect Answer

      Solution

      CareEdge Ratings projected that India’s life insurance industry will grow at 8–11% CAGR in FY26–FY27, driven by group insurance products, pensions, life cover, regulatory reforms, and increased financial literacy. 

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