BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1919
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1972
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1956
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1938
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Detailed explanation-1: -United India Insurance Company Limited was incorporated in 1938.
Detailed explanation-2: -The Insurance Act, 1938 is a law originally passed in 1938 in British India to regulate the insurance sector. It provides the broad legal framework within which the industry operates. Insurance Act, 1938. Imperial Legislative Council. (Now the powers of the act rest with Parliament of India)
Detailed explanation-3: -United India Insurance Company Limited was incorporated as a Company on 18th February 1938.
Detailed explanation-4: -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.