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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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