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    Question

    “Appointed Day” in General Insurance Business

    (Nationalization) Act, 1972 means a day not later than
    A 1st January 1973 Correct Answer Incorrect Answer
    B 2nd January 1973 Correct Answer Incorrect Answer
    C 1st April 1973 Correct Answer Incorrect Answer
    D Day mentioned in official gazette Correct Answer Incorrect Answer
    E 1st January 1972 Correct Answer Incorrect Answer

    Solution

    Section 2(b) of General Insurance Business (Nationalisation) Act, 1972 defines “appointed day” as - such day not being a day later than the 2nd day of January, 1973, as the Central Government may, by notification, appoint

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