BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Pune
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Chennai
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Mumbai
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New Delhi
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Detailed explanation-1: -General Insurance Corporation of India Limited, abbreviated as GIC Re, is an Indian public sector reinsurance company which has its registered office and headquarters in Mumbai.
Detailed explanation-2: -Mr Tapan Singhel, managing director and CEO of Bajaj Allianz General Insurance, has been elected as the chairman of the General Insurance Council (GI Council), with the post to be headed for the first time by a private-sector insurance figure.
Detailed explanation-3: -GIC was incorporated in 1981 under the Singapore Companies Act and is wholly owned by the Government of Singapore to manage Singapore’s reserves.
Detailed explanation-4: -From 21 March 2003, GIC’s role as a holding company of its subsidiaries also came to an end and the ownership of the subsidiaries was transferred to the Government of India.