In pursuance of which one of the following was the General Insurance Corporation of India was formed?

Q. In pursuance of which one of the following was the General Insurance Corporation of India was formed?

A.            General Insurance Business (Nationalization) Act, 1972

B.            Insurance Act, 1938

C.            Insurance Amendment Act, 2002

D.            None of these

Answer: General Insurance Business (Nationalization) Act, 1972