GIBA 2021 Flashcards
1
Q
THE BILL SEEKS TO AMMEND WHICH GENERAL INSURANCE BUSINESS (NATIONALISATION) AMMENDMENT??
A
GIBA 1972
2
Q
THE BILL REMOVES WHAT %AGE OF SHAREHOLDING OF INDIAN GOVT??
A
51%
3
Q
PURPOSE OF THE AMMENDMENT??
A
PROVIDES A GREATER PRIVATE SECTOR PARTICIPATION IN PUBLIC SECTOR INSURANCE COMPANIES