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.
Which of the following will be definitely true if the given expression L > M ≥ N > O ≥ P > Q = S ≤ T > R ≤ U is definitely not true?
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
In the question, assuming the given statements to be true, find which of the following conclusion(s) among the two conclusions is/are true and then giv...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is/are definitely true and then...
Statements: M ≤ N = O ≤ P; P = Q ≤ U; R > N = U
Conclusions:
I. R > O
II. U ≥ M
Statements: K > L ≥ M > N, N < O < P = J
Conclusion:
 I. K ≥ O
II. P > L
III. L > J
Statements: I < P = S ≥ O > W < E≤ G ≥ A
Conclusion
I: O ≤ P
II: G > O
Statements: X ≥ Y= Z ≤ A, K < A ≤ M < W
Conclusion:
 I. M = Y
II. M > Y
III. K ≤ Y
Statements: H ≥ R, T < L, R ≥ T, L < N > I
Conclusion:
I. R > I
II. N ≥ T
In the following questions assuming the given statements to be true, find which of the conclusion among given conclusions is/are definitely true and th...
