Question

 How many companies were amalgamated and grouped into four major insurance companies?

A 100 Correct Answer Incorrect Answer
B 101 Correct Answer Incorrect Answer
C 103 Correct Answer Incorrect Answer
D 107 Correct Answer Incorrect Answer
E 109 Correct Answer Incorrect Answer

Solution

107 insurers were amalgamated and grouped into four companies, namely National Insurance Company Ltd., the New India Assurance Company Ltd., the Oriental Insurance Company Ltd and the United India Insurance Company Ltd.

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