The maximum FDI permitted under the AUTOMATIC route in 'Insurance Intermediaries' is:

1. FDI Policy — Insurance intermediaries (brokers, surveyors, third-party administrators) have a 100% FDI cap under the automatic route. 2. Insurance companies themselves have a 74% cap (post-2021). 3. Hence (C). _Source: ICAI BoS CA Inter Paper 2 — FEMA 1999_