BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In which among the following year National Insurance Company Limited (NICL) was incorporated?
A
1956
B
1949
C
1934
D
1906
Explanation: 

Detailed explanation-1: -National Insurance Company Limited is a Union Govt company, incorporated on 04 Dec, 1906. It’s a public unlisted company and is classified as’company limited by shares’. Company’s authorized capital stands at Rs 20000.0 lakhs and has 50.0% paid-up capital which is Rs 10000.0 lakhs.

Detailed explanation-2: -National Insurance Company, India ‘s oldest insurance company incorporated in 1906, celebrated its 113th Foundation Day at the site of its new state of the art building for its.

Detailed explanation-3: -January 1994: Malhotra Committee suggests opening of insurance to private companies and reducing government stakes in LIC and GIC.

Detailed explanation-4: -Head Office : Address : 3, Middleton Street, Prafulla Chandra Sen Sarani, Kolkata, West Bengal, 700071.

There is 1 question to complete.