In which year, General Insurance Corporation of India (GIC) was founded?
In which year, General Insurance Corporation of India (GIC) was founded?
[A]1971
[B]1972
[C]1973
[D]1974
1972 As per the General Insurance Business (Nationalisation) Act, 1972, the General Insurance Corporation of India (GIC) was founded in 1972 and has headquarters in Mumbai. It was formed to control and operate the business of general insurance in India.
Originally written on
May 17, 2015
and last modified on
May 17, 2015.