2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bajaj Allianz General Insurance
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HDFC General Insurance
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SBI General Insurance
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Kotak Mahindra Life Insurance
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Detailed explanation-1: -Insurer: From 01.06. 2022 onwards all the PMSBY enrollments and claims will go to United India Insurance Company Limited.
Detailed explanation-2: -Union Bank of India having the most diversified network of over 4200 branches has entered into Corporate Agency tie up with Bajaj Allianz General Insurance Co Ltd to offer its customers; quality general insurance products at competitive rates.
Detailed explanation-3: -Bank of Baroda to acquire 21% stake of Union Bank of India in IndiaFirst Life Insurance.
Detailed explanation-4: -Recently, Andhra Bank and Corporation Bank were amalgamated into Union Bank of India with effect from 01.04. 2020. Today, it has a network of 8, 700+ domestic branches, 10, 900+ ATMs, 16, 200+ BC Points serving over 153+ million customers with 76, 000+ employees .
Detailed explanation-5: -Founded in 2009, Star Union Dai-ichi Life Insurance (SUD Life) is a joint venture between two of India’s leading public sector banks, Bank of India and Union Bank of India, and Dai-ichi Life Holdings, a leading life insurance company in Japan.