Current Affairs

GK MCQs Section
Q. Which was the first Indian insurance company to be established?
Answer: Bombay Mutual Life Assurance Society
Notes: Bombay Mutual Life Assurance Society was established in 1870 in Bombay. It was the first Indian insurance company owned by Indians. Prior to this, Oriental Life Insurance Company was the earliest insurance company in India but was founded by Europeans in 1818 in Calcutta. New India Assurance was founded in 1919 and LIC was established in 1956.
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