Question

Why were the four General Insurance companies positioned to promote competition among them?

a.

To consolidate their services

b.

To facilitate mergers

c.

To encourage efficient services in general insurance across India

d.

To limit their operations to specific regions

Answer: (c).To encourage efficient services in general insurance across India Explanation:The positioning of the four companies aimed to encourage efficient services in general insurance across all parts of India.

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Q. Why were the four General Insurance companies positioned to promote competition among them?

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