2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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CCI approved acquisition of Bharti AXA by which company?
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LIC
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ICICI Lombard
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Reliance
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TATA
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Explanation:
Detailed explanation-1: -The Competition Commission of India (CCI) on Monday approved the acquisition of the general insurance business of Bharti AXA by ICICI Lombard General Insurance.
Detailed explanation-2: -Figures are for FY 2020-21. We are pleased to announce that Bharti AXA General Insurance has been merged with ICICI Lombard General Insurance.
Detailed explanation-3: -The multimedia campaign features brand ambassador Vidya Balan, and it aims at simplifying the concept of buying insurance cover. The company has also unveiled its new sonic identity that resonates with the brand’s characteristic of being future-ready.
Detailed explanation-4: -Mr. Amitabh Jain: Head Motor Underwriting & Claims |ICICI Lombard.
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