Question

    As per the government, which among the following is the loss making insurance company in the year 2021?

    A GIC(General Insurance Company) Correct Answer Incorrect Answer
    B Oriental Insurance Company Correct Answer Incorrect Answer
    C National Insurance Company Correct Answer Incorrect Answer
    D Both 2 and 3 Correct Answer Incorrect Answer
    E Both 1 and 3 Correct Answer Incorrect Answer

    Solution

    In the last two years, the National Insurance Company Limited, Oriental Insurance Company Limited are loss-making insurers as per the government discussion with the insurance regulator Insurance Regulatory and Development Authority of India (IRDAI).

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