With the "Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025", the FDI limit in Indian insurance companies was raised to:
- A74%
- B100%
- C90%
- D49%
Show answer and explanation
Correct answer: (b) 100%
Explanation
The FDI limit went from 74% to 100%. The Act amended the Insurance Act 1938, the LIC Act 1956 and the IRDA Act 1999.