The minimum capital requirement for a life insurance company in India is :  

The correct answer is Rs. 100 crores.
Key Points

• A life insurance company is a financial institution that provides life insurance policies to individuals and businesses.
• Life insurance is a contract between an insurance company and a policyholder, where the insurance company agrees to pay a sum of money to the policyholder's beneficiaries upon the policyholder's death.

 Important Points

• The minimum capital requirement for a life insurance company in India is Rs. 100 crores, as per the Insurance Regulatory and Development Authority of India (IRDAI).
• This requirement is specified in the Insurance Act, 1938.
• The purpose of the minimum capital requirement is to ensure that life insurance companies are financially sound and able to meet their obligations to their policyholders.
• The requirement also helps to protect the interests of policyholders in the event of a company's insolvency.
• The minimum capital requirement is one of several factors that IRDAI considers when evaluating applications for new life insurance licenses.
• Other factors include the promoters' experience and track record, the company's business plan, and its management team.
• IRDAI has also specified minimum capital requirements for other types of insurance companies, such as general insurance companies and health insurance companies.
• The minimum capital requirement for general insurance companies is Rs. 500 crores, and the minimum capital requirement for health insurance companies is Rs. 100 crores.