Question
Which of the following is true regarding the General
Insurance Business (Nationalization) Act, 1972?Solution
The General Insurance Business (Nationalization) Act, 1972 was passed by the Indian Parliament to nationalize all general insurance companies operating in India. The act led to the creation of four public sector general insurance companies: National Insurance Company Limited, New India Assurance Company Limited, Oriental Insurance Company Limited, and United India Insurance Company Limited. The act did not allow for the entry of private players into the general insurance sector in India. The concept of third-party insurance was not abolished by the act. Hence, option A is correct.
What is the minimum number of employees required for an establishment to be covered under the ESI Act, 1948?
Consider the following statements:
1.   Lalitgiri (the red hill), Ratnagiri (hill of precious gems), Udayagiri (the hill of the rising sun) a...
One – third of the square root of which number is 0.001?
Consider the following statements:
1. According to the Constitution of India, the right to form a cooperative society is a fundamental right.
Which of the following is an example of cloud computing?
Provisions like strike and lockout have been made under which of the following Acts?
Every plantation is required to be registered with the _______.
Which of the following is the general formula of alkenes?
Three of the following words are alike in some manner and hence form a group. Which word does NOT belong to that group?
Find the median of 5, 9, 10, 10, 4, 8, 6, 5 and 12.
