In which year, the General Insurance Corporation of India (GIC) was incorporated as a company?

In which year, the General Insurance Corporation of India (GIC) was incorporated as a company?
[A]1971
[B]1972
[C]1973
[D]1974

1971
The General Insurance Corporation of India (GIC) was incorporated as a company in 1971 and it started business on January 1,1973. It was formed to control and operate the business of general insurance in India.

Originally written on June 3, 2015 and last modified on June 3, 2015.

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