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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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