Question

    Which form is used for preparing the Profit and Loss Account of an General insurance company under the IRDA Regulations, 2002?

    A Form B - RA Correct Answer Incorrect Answer
    B Form B - PL Correct Answer Incorrect Answer
    C Form A - RA Correct Answer Incorrect Answer
    D Form A - PL Correct Answer Incorrect Answer
    E Form B - FS Correct Answer Incorrect Answer

    Solution

    The Profit and Loss Account of an insurance company under the IRDA Regulations, 2002, is prepared using Form B - PL.

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