Question
Under what conditions can an insurer invest in companies
belonging to its promoters as laid down in the insurance Act?Solution
Section 27C. Investment by insurer in certain cases—An insurer may invest not more than five per cent. in aggregate of his controlled fund or assets as referred to in sub-section (2) of section 27 in the companies belonging to the promoters, subject to such conditions as may be specified by the regulations.
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CLAVULANATE
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In the question below, select the correct alternative that would be a meaningful order of the given words.
1. Mouse
2. Eagle
3. Pla...
A group of alphabets are given with each being assigned a number. These have to be unscrambled into a meaningful word and correct the order of letters m...
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