Category: IC46 GENERAL INSURANCE ACCOUNTS PREPARATION – 09

Que. 1 : Q1) What is converted into liability or capital contribution or which results from disposal of an asset?    1.  a) Capital expenditure    2.  b) Revenue receipt    3.  c) Revenue expenditure    4.  d) Capital receipt Que. 2 : Q2) As per Regulations 13 A of IRDAI(Investment) (Fifth Amendment) Regulations 2013, every Insurer shall draw up, annually an investment policy and […]