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    • Question

      How many public sector life insurance companies are

      functional in India?
      A 1 Correct Answer Incorrect Answer
      B 2 Correct Answer Incorrect Answer
      C 3 Correct Answer Incorrect Answer
      D 4 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      LIC of India was incorporated on 1st September, 1956 by amalgamating 245 Companies by the Act of Parliament called Insurance Act, 1956.

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