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      Question

      The Corporation’s surplus from life insurance business

      is utilized as per: 
      A Board’s discretion without restrictions Correct Answer Incorrect Answer
      B Provisions under Section 28 Correct Answer Incorrect Answer
      C Government Orders only Correct Answer Incorrect Answer
      D Shareholders' choice Correct Answer Incorrect Answer
      E Annual general meeting decision Correct Answer Incorrect Answer

      Solution

      Section 28 explains surplus utilization [Section 28].

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