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.
Statement:
Only a few Banana is Guava.
Some Guava is Leopard.                           Â
Some Leopa...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Statements: Â Â some record are folder.
                             No folder is a data.
     ...
In the given question, three conclusions are given and five statements as 1), 2), 3), 4) and 5). You need to choose the option that contains the set of...
Statements:
Only male are boy
Some male are man
At least some man are old
Conclusions:
I. Some boy being old is a...
In the questions given below, there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be...
Statements: No swan is a penguin.
                         Some penguins are kingfisher.
Conclusions: I. Some s...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if ...
Statements: Hands # Leg Arms % Leg Ear & Leg Eyes # Ear
Conclusions:
I. Hands % Arms
II. Eyes ≤ Ear
III. Arms $ Ear
IV. Eyes & Hands
Statements:
Only a few Bottle is Cold
All Cold are Weather
Some Water are Weather
Conclusions:
I. All Bottle be...
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