Question

Which of the following is true regarding insurance in India? 1)    The Insurance Act, 1938 regulates the insurance sector in India. 2)    The Life Insurance Corporation of India is the largest public sector insurance company in India. 3)    The non Life insurance sector in India is also called as general insurance.  

A 1 and 2 only
B 1 and 3 only
C 2 and 3 only
D 1, 2 and 3
E 3 only
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