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                    a. Conduct risk analysis.
                    b. Commensurate with complexity of the

                          products.
                    c. Mentality of their holding or could refrain from

                          such investments.
                    d. All of the above.
                    e. None of the above.

                    20. _____________ means all investments
                          made out of shareholders` funds
                          representing solvency margin and
                          policyholders funds at their carrying
                          value as shown in its balance sheet
                          drawn as per the IRDAI (Preparation of
                          Financial Statements and Auditors
                          Report of Insurance Companies)
                          Regulations 2002

                    a. Invested Assets b. Investment Assets
                    c. Current Assets d. Other Assets
                    e. None of the above

                    21. As per Regulation 7 of the IRDAI
                          (Investment) (Fifth Amendment)
                          Regulations 2013 every insurer carrying
                          on general insurance business shall
                          invest and keep invested his investment

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