question_answer

RRBs are permitted to undertake corporate agency business, without risk participation, for distribution of all types of insurance products including health and animal insurance subject to the condition that

A)  the bank should comply with the Insurance Regulatory and Development. Authority (IRDA) regulations for acting as 'composite corporate agent'

B)  the bank should not adopt any restrictive practice of forcing its customers to go in only for a particular insurance company in respect of assets financed by the bank

C)  the risks, if any, involved in insurance agency should, not get transferred to the business of the bank

D)  Both [a] and [c]

E)  All of the above