Bombay Mutual Life Assurance Society was the first life insurance company in India to insure Indian lives. It was set up in which year? | Faculties

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Q. Bombay Mutual Life Assurance Society was the first life insurance company in India to insure Indian lives. It was set up in which year?

(A) 1890
(B) 1832
(C) 1818
(D) 1870

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✅ Correct Answer: (D) 1870

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