General Insurance

M

Mr. Dubey • 51.17K Points
Coach

Q 31. What is the share of Government of India in the GIC of India (GIC Re)?

(A) 0.7025
(B) 1
(C) 0.5111
(D) 0.8578
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Mr. Dubey • 51.17K Points
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Q 32. Before GIC became the sole Re-Insurer in India, it had how many fully owned subsidiary companies?

(A) 3
(B) 1
(C) 2
(D) 4
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Mr. Dubey • 51.17K Points
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Q 33. How many insurance companies were nationalized under the General Insurance Business (Nationalization) Act (GIBNA) 1972?

(A) 107
(B) 255
(C) 98
(D) 130
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Mr. Dubey • 51.17K Points
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Q 34. With the nationalization, the General Insurance business in India was merged into how many companies?

(A) 10
(B) 9
(C) 7
(D) 4
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Mr. Dubey • 51.17K Points
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Q 35. The General Insurance Corporation of India (GIC) was incorporated as a private company under which act?

(A) Insurance Act 1938
(B) General Insurance Business (Nationalisation) Act, 1972
(C) Companies Act, 1956
(D) Insurance Regulatory and Development Authority Act, 1999
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Mr. Dubey • 51.17K Points
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Q 36. GIC was founded on                          

(A) 1938-07-01 00:00:00
(B) 1994-01-31 00:00:00
(C) 1959-04-25 00:00:00
(D) 1972-11-22 00:00:00
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Mr. Dubey • 51.17K Points
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Q 37. GIC was formed in pursuance of which section of General Insurance Business (Nationalization) Act (GIBNA)?

(A) Section 8(1)
(B) Section 7(1)
(C) Section 9(1)
(D) Section 2(1)
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Mr. Dubey • 51.17K Points
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Q 38. The General Insurance Business (Nationalization) Amendment Act was passed in which year?

(A) 2000
(B) 2002
(C) 1999
(D) 1998
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Mr. Dubey • 51.17K Points
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Q 39. Which among the following options is not correct?

(A) 1948 – Introduction of The Insurance Act
(B) 1956 – Nationalization of Life Insurance business
(C) 1972 – General Insurance Business (Nationalization) Act was passed
(D) 2000 – GIC was converted into National Re-insurer
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Mr. Dubey • 51.17K Points
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Q 40. Which among the following is an accidental insurance scheme?

(A) PMJJBY
(B) PMFBY
(C) PMSBY
(D) PMVVY
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