Question
How many shares, as per the General Insurance Business
(Nationalisation) Act, 1972, should be transferred by the Central Government to individuals to enable the Indian insurance company to operate as a Government company, out of the shares that were transferred and vested in the Central Government?Solution
Explanation: Section 4.  Transfer of shares of Indian insurance companies: (2) Out of the shares so transferred and vested, the Central Government shall, immediately thereafter, by notification, provide for the transfer of not less than ten shares of every such company to such persons as may be specified in the notification to enable the Indian insurance company to function as a Government company.
Conclusions:
I. Some Signs are Symbols.
II. Some Signs are not Marks.
III. No Number is a Mark.
Statements:
In the question below are given some statements followed by some conclusions. You have to take the given statements to be true even if they seem to be ...
- Statements:
Only a few Sports is Games.
Only a few Players is Sports.
No Player is Team.
Conclusions:
I. Every Sports ca... In the questions given below, there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be...
Statements: Some racks are tables.
Some tables are chairs.
No chair is a book.
Conclusions: I. Some racks are chairs.
<...Statements: Some songs are music.
All music are composers.
Some composers are lyrics.
Conclusions: I. Some songs are not lyric...
Statements:
Only a few Ear are Eye.
No Eye is a Hand.
Only a few Hand is Leg.
Conclusions:
I. All Legs can never...
In the questions given below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be ...
Statements:
Only White are Grey
No Blue are Black
All Blue are White
Conclusion:
I. Some Blue can be Grey
Statements: All TVs are laptops.
Some laptops are computers.
All computers are keyboards.
Conclusions: I. Some TVs may be compute...
