Which among the following options is not correct? | Faculties

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Mr. Dubey

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📊 General Insurance

Q. 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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✅ Correct Answer: (A) 1948 – Introduction of The Insurance Act

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