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.

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