Expected GK MCQs for LIC AAO Exam - Set 2

Friends, here is the second set of expected General Knowledge Questions for the upcoming LIC AAO Exam. Happy Reading :)

1.      Which of the following statements related to General Insurance Corporation of India is not correct?

a.       It is the sole reinsurance company in the Indian Insurance Market

b.      The entire general Insurance business in India was nationalized by the Government of India (GOI) through the General Insurance Business (Natinalisation) Act (GIBNA) of 1981

c.       It has been active in the Indian Insurance market with over three decades

d.      Its registered office and headquarters is in Mumbai

e.       None of these