GK
INSURANCE AWARENESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Allianz
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BNP Paribas Cardif.
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Insurance Australia Group
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Lehman Brothers Holdings Inc.
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Detailed explanation-1: -SBI Life started as a joint venture with BNP Cardif S.A, which is the life and property & casualty insurance arm of BNP Paribas, one of the strongest banks in the world, in 2001.
Detailed explanation-2: -SBI Life Insurance Company Limited was established in 2001, as a joint venture between State Bank of India and BNP Paribas Cardif S.A. SBI Life has an authorized capital of Rs 2, 000 crores and a paid-up capital of Rs 1, 000 crores.
Detailed explanation-3: -SBI Life Insurance Company Limited (SBI Life) established in 2001 is a Joint Venture between State Bank of India (SBI) and BNP Paribas Cardif S.A. and is one of the leading life Insurance companies in India.
Detailed explanation-4: -Our Company was incorporated at Mumbai on October 11, 2000 as SBI Life Insurance Company Limited, a public limited company under the Companies Act, 1956 and received a certificate of commencement of business on November 20, 2000.