Category: IC46 GENERAL INSURANCE ACCOUNTS PREPARATION – 03

Que. 1 : Q1) In accordance with the IRDAI circular prescribing agency and brokerage commission structure, the maximum agency commission or brokerage payable by any insurer is:    1.  a) 5.0%    2.  b) 10.0%    3.  c) 17.5%    4.  d) 20.0% Que. 2 : Q2) Dividend received from pre-acquisition profit will ________ the average cost of shares, and dividend received from post-acquisition profit […]