📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    As per the General Insurance Business (Nationalisation)

    Act for the General Insurance Corporation of India _______________ add the word “Limited” as the last word of the name of the Corporation.
    A It shall be necessary Correct Answer Incorrect Answer
    B It shall not be necessary Correct Answer Incorrect Answer
    C Companies Act shall prescribe whether to or not to Correct Answer Incorrect Answer
    D Competent Authority to prescribe whether to or not to Correct Answer Incorrect Answer
    E Either c or d Correct Answer Incorrect Answer

    Solution

    9. Formation of General Insurance Corporation of India: (3) Notwithstanding anything contained in the Companies Act, 2013, it shall not be necessary to add the word “Limited” as the last word of the name of the Corporation.

    Practice Next
    More Banking Related Laws Questions
    ask-question