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    Question

    The General Insurance Business in India was nationalized

    in which year?
    A 1951 Correct Answer Incorrect Answer
    B 1962 Correct Answer Incorrect Answer
    C 1973 Correct Answer Incorrect Answer
    D 1949 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The General Insurance Business (Nationalisation) Act, 1972 nationalised the general insurance business in India with effect from 1st January 1973.

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