Vidyalelo
Commerce · Q21

Insurance

Graduate and Post Graduate · Commerce · question 21

Q21

In which year New India Assurance Co Ltd was found?

A.
1918
B.
1818
C.
1919
Answer
D.
1945

Answer: Option C

Solution

Answer: Option C
Solution:
In year 1919 New India Assurance Co Ltd was found. Founded by Sir Dorabji Tata in 1919. It was founded by Sir Dorabji Tata in 1919, and was nationalised in 1973. Previously it was a subsidiary of the General Insurance Corporation of India (GIC).