Question

    Which of the following public sector company have the

    highest shareholding in Agriculture Insurance Company of India Limited (AIC)?
    A GIC Correct Answer Incorrect Answer
    B NABARD Correct Answer Incorrect Answer
    C NICL Correct Answer Incorrect Answer
    D NIACL Correct Answer Incorrect Answer
    E UIICL Correct Answer Incorrect Answer

    Solution

    Promoters (Share Holding) ·       General Insurance Corporation of India - 35 % ·       National Bank for Agriculture And Rural Development (NABARD) - 30 % ·       National Insurance Company Limited - 8.75 % ·       The New India Assurance Company Limited - 8.75 % ·       The Oriental Insurance Company Limited - 8.75 % ·       United India Insurance Company Limited - 8.75 %

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