Examveda
Examveda

When was Life Insurance sector nationalised?

A. 1947

B. 1951

C. 1956

D. 1959

Answer: Option C

Solution(By Examveda Team)

Life Insurance sector was nationalised in 1956. Life insurance in India was completely nationalised on 19th January 1956, through the Life Insurance Corporation Act.

This Question Belongs to Commerce >> Insurance

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