Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 340)
340.
What is the new minimum capital requirement set by IRDAI for foreign reinsurance branches (FRBs)?
Rs 25 crores
Rs 50 crores
Rs 100 crores
Rs 155 crores
Answer: Option
Explanation:
The Insurance Regulatory and Development Authority of India (IRDAI) has slashed the minimum capital requirement for foreign reinsurance branches from Rs 100 crores to Rs 50 crores.
Discussion:
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