Page 66 - IC46 addendum

General Insurance Accounts (IC-46)

shown in its balance sheet drawn as per the
IRDAI (Preparation of Financial Statements
and Auditors report of Insurance companies)
Regulations.
c. Excluding items under Misc Expenditure.
d. Only a & b.
e. All of the above.

8. Which of the following are considered as
Approved Investments -

a. Corporate Bonds or debentures rated not
less than AA or its equivalent.

b. PI or equivalent ratings for short term bonds,
debentures, certificate of deposits.

c. Commercial paper by a credit rating agency
registered under SEBI (Credit Rating
Agencies).

d. Only a & b.
e. All a,b & c.

9. The rating of a debt instrument issued by

All India Financial Instruments

recognised as such by RBI shall be of -

a. AA b. BBB

c. CC d. D

e. E

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