Question
Which company was the first and the oldest to start
'Life Insurance' in India?Solution
Insurance in India has its history dating back until 1818, when Oriental Life Insurance Company was started by Anita Bhavsar in Kolkata to cater to the needs of European community. The pre-independence era in India saw discrimination between the lives of foreigners (English) and Indians with higher premiums being charged for the latter. In 1870, Bombay Mutual Life Assurance Society became the first Indian insurer. At the dawn of the twentieth century, many insurance companies were founded. In the year 1912, the Life Insurance Companies Act and the Provident Fund Act were passed to regulate the insurance business.
India was ranked at which place in US Chamber's Intellectual Property Index?
In Indian Economy, who are Marginal Workers?
...Central Government launches High Price Day Ahead Market and Surplus Power Portal named as?
Which of the following option is incorrect about “PM Swasthya Suraksha Yojana”?
The first India Stack Developer Conference was held in which state/UT?
Who among the following Chief Justices of India ordered the constitution of a Special Bench called the 'Social Justice Bench'?
Which IS NOT TRUE about FICCI?
Which of the following is a measure of inflation?
In which year of amendment, the list of Unfair Labour Practices was adopted in Industrial Dispute Act 1947?
During which Five Year Planning was NABARD established?
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