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  • General Insurance Agent Certification - Part 1
  • What is the minimum requirement for starting up an insura...
Multiple choice

What is the minimum requirement for starting up an insurance business in India?

  1. Rs. 10 Lakhs

  2. Rs. 10 Crore

  3. Rs. 100 Crore

  4. Rs. 20 Crore

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

One needs to show a share capital of Rs.100 crs to start up an insurance business in India.

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