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Question
In pursuance of which one of the following was the General Insurance Corporation of India was formed?
Options:
A .  General Insurance Business (Nationalization) Act, 1972
B .  Insurance Act, 1938
C .  Insurance Amendment Act, 2002
D .  IRDA Act 1999
Answer: Option A


The entire general insurance business in India was nationalized by the Government of India through the General Insurance Business (Nationalisation) Act of 197B.



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