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INSURANCE AWARENESS MCQs

Total Questions : 92 | Page 10 of 10 pages
Question 91. Which of the following is not the principle of insurance:
  1.    Utmost Good Faith
  2.    Principle of Contribution
  3.    Maximization of Profit
  4.    Causa Proxima
 Discuss Question
Answer: Option C. -> Maximization of Profit




Question 92. What percent are shares of New India Assurance Co Ltd owned by Government of India?
  1.    50%
  2.    85%
  3.    99.4%
  4.    100%
 Discuss Question
Answer: Option D. -> 100%


New India Assurance Co Ltd, today, is a 100 % Govt owned multinational general insurance company


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