[Solved] Illustrate the Purpose of Having the Capital-Adequacy Norms for the Insurers.

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Q.	Illustrate the Purpose of Having the Capital-Adequacy Norms for the Insurers.
A.	To Increase the Net Interest Income.
B.	To Increase the Profitability.
C.	To Maintain the Sufficient Reserves, to Address the Present Needs and Future Needs.
D.	To Subsidise the Insurance, for the Poor People.
Answer» C. To Maintain the Sufficient Reserves, to Address the Present Needs and Future Needs.

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Insurance Exam (LIFE)

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