Banking Awareness

Miscalaneous GK (Phase-I) SEBI Grade A ( Officer) Exam

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What is the percentage increase in IRDAI investment limit for inssurance company in BFSI Sector in April 2022?

20% to 25%

25% to 30%

30% to 35%

35% to 40%

Explanation:

The Insurance Regulatory and Development Authority of India (IRDAI) increased insurers’ maximum investment limit in banking, financial services, and insurance (BFSI) companies from 25% to 30% of their assets.

By: Brijesh Kumar

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