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.
Select the name from the options that is similar to the given set of names in a certain manner.
Bismillah Khan, JRD Tata, M Visvesvaraya, Sachin Tendulkar
Three of the following four figure pairs are alike in a certain way and than form a group. Which is the one that does not belong to that group?
<...
Some students are sitting in a row facing north. Their location depends on the following conditions:
1. B sits immediately adjacent to both G and...
Pointing towards a boy, Sameer said, he is the son of my father-in-law's elder son. How is Sameer related to that boy?
Five friends London, Madrid, Paris, Rome, and Vienna are arranged in a circle facing the center. Madrid is to the immediate left of Paris. Rome is exact...
Select the number from among the given options that can replace the question mark (?) in the following series.
17, 25, 34, 44, 55, ?
In a code language, 'AMIT' is coded as 86 and 'VIJAY' is coded as 134. How will 'GARIMA' be coded in the same language?
In a certain code language, ‘FLORA’ is written as ‘WQOLC’ and 'MONEY' is written as 'PNPYE'. How will ‘GOING’ be written in that language?
What should come in place of '?' in the given series?
5 15 35 75 155 ?
Select the figure from among the given options that can replace the question mark (?) in the following series.
