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Commerce · Q4

Insurance

Graduate and Post Graduate · Commerce · question 4

Q4

When was the Indian Mercantile Insurance established?

A.
1905
B.
1906
C.
1907
Answer
D.
1908

Answer: Option C

Solution

Answer: Option C
Solution:
The Indian Mercantile Insurance was established in 1907. It was the first company was set up to transact all classes of general insurance business in India.