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which of the following is not a subsidiary of GIC 1) the new india assurance Co. Ltd 2)life insurance corporation of india 3) United india insurance co. Ltd 4) the oriented insurance co ltd |
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Answer» Explanation: The New India Assurance CO. Ltd., based in Mumbai, Maharashtra is a public sector general INSURANCE company of India.[3] "It is the largest general insurance company of India on the BASIS of gross premium COLLECTION inclusive of foreign operations".[4] It was founded by Sir Dorabji TATA in 1919, and was nationalized in 1973.[5] |
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