On which date, general insurance business in India was nationalized?

On which date, general insurance business in India was nationalized?
[A]January 1,1973
[B]February 1,1973
[C]May 1,1973
[D]April 1,1973

January 1,1973
In January 1,1973, the general insurance business in India was nationalized by the General Insurance Business (Nationalisation) Act, 1972.

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

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