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    Question

    Which act was the first legislation governing all forms

    of insurance to provide strict state control over insurance business?
    A Insurance Act of 1938 Correct Answer Incorrect Answer
    B General Insurance Business Act of 1972 Correct Answer Incorrect Answer
    C Life Insurance Corporation Act Correct Answer Incorrect Answer
    D Insurance Act of 1988 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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