When was general insurance business nationalised?

A 1970
B 1971
C 1972
D 1973

Correct Answer: 1973

The general insurance business was nationalised in 1973, with effect from 1 January 1973. It was the nationalization of 107 insurance companies into one main company called General Insurance Corporation of India and its four subsidiary companies with exclusive privilege for transacting general insurance business.
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#Commerce #Insurance

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According to a survey of business firms in a certain city, 750 firms offer their employees health insurance , 640 offer dental insurance and 280 offer health insurance and dental insurance. How many firms offer their employees health insurance or dental
A 920
B 1,100
C 1,110
D 1,030
When was Life Insurance sector nationalised?
A 1947
B 1951
C 1956
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Private General insurance companies in Bangladesh must place 50% of their re-insurance business with which of the following companies?
A Jibon Bima Corporation
B ALICO
C Sadharon Bima Corporation
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Two friends M and N have 40% and 60% shares in a business. After some time a third friend joined the business by investing Tk 5 Lac and acquired 20% shares in the business. What is the share of M in the business now ?
A 20%
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Two friend M and N have 40% and 60% shares in a business. After some time a third friend joined the business by investing Tk. 5 lac and acquired 20% shares in the business. What is the share of M in the business now?
A 20%
B 24%
C 28%
D 32%
Which of the following is not a Nationalised Commercial Bank (NCB)?
A Sonali Bank Ltd.
B Agrani Bank Ltd.
C Janata Bank Ltd.
D Rupali Bank Ltd.
Which is the largest nationalised Commercial Bank in Bangladesh?
A Sonali Bank
B Janata Bank
C Rupali Bank
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Which of the following is not a nationalised bank?
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How many banks were nationalised in 1969?
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B 14
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