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This question belongs to Commerce Insurance

Insurance

?

When was the General Insurance Council formed?

A) 1955 B) 1956 C) 1957 D) 1958

Answer & Solution

Correct Answer: Option C

The general insurance council was formed in 1957. The General Insurance Council was established under the Indian Insurance Act 1938. It designed a code of conduct to ensure fair business practices.

Question posted by Examveda

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