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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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