Page 88 - IC46 addendum

General Insurance Accounts (IC-46)

as __________ investment to the extent
the derivatives constitute a hedge for the
underlying investments.
a) Approved
b) Unapproved
c) Other than approved
d) Any one of b & c

51. All margins or unamortized premium paid
to the extent reflected in the balance
sheet in accordance with the guidelines
issued by the Authority shall be treated
as ____ investments.

a) Approved
b) Unapproved
c) Other than approved
d) Any one of b & c

52. As per Regulation 15, the following
needs to be kept in mind while dealing in
financial derivatives:

a) Insurer may deal in financial derivatives
above the extent permitted.

b) Computation concept of approved and other
than approved investments.

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