III IC-14 Practice Questions - III IC-14 Regulations Of Insurance Business (Insurance Institute Of India) Exam

Life insurance business in India was nationalised in 1956 through:

The General Insurance Business (Nationalisation) Act, 1972 The IRDA Act, 1999 The Marine Insurance Act, 1963 The Life Insurance Corporation Act, 1956

Correct Answer:

The Life Insurance Corporation Act, 1956

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