Question

When was the management of the life insurance business of two hundred and forty-five Indian and foreign insurers taken over by the Central Government?

a.

January 1, 1956

b.

September 1956

c.

January 19, 1956

d.

November 1972

Answer: (c).January 19, 1956 Explanation:The Central Government took over the management of life insurance business on January 19, 1956.

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Q. When was the management of the life insurance business of two hundred and forty-five Indian and foreign insurers taken over by the Central Government?

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