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  • IRDA - Life Insurance Agent (Mock - 2)
  • If assets are overvalued, the result would be
Multiple choice

If assets are overvalued, the result would be

  1. more surplus

  2. less surplus

  3. more or less surplus

  4. new business strain

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

As a result of over valuation of all the assets of an insurance company, the company's financial statements would show more surplus than the actual one.

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