GK
INSURANCE AWARENESS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When was general insurance business nationalised?
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1970
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1971
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1972
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1973
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Explanation:
Detailed explanation-1: -1972: The General Insurance Business (Nationalisation) Act, 1972 nationalised the general insurance business in India with effect from 1st January 1973.
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