The Department for Promotion of Industry and Internal Trade (DPIIT) recently notified the government's decision to allow 100 per cent foreign direct investment (FDI) in insurance intermediaries. With reference to this identify, which of the following statements is/are correct? 1. Intermediary services include insurance brokers, re-insurance brokers, insurance consultants, corporate agents, third party administrators, surveyors and loss assessors. 2. The FDI policy earlier allowed 49 per cent foreign investment in the insurance sector, which includes insurance intermediaries. Select the correct answer using the codes given below: - Study24x7
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UPSC & State PSC
1008 followers study24x7 10 Feb 2021 01:37 PM study24x7 study24x7

The Department for Promotion of Industry and Internal Trade (DPIIT) recently notified the government's decision to allow 100 per cent foreign direct investment (FDI) in insurance intermediaries. With reference to this identify, which of the following statements is/are correct? 1...

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A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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