GIBA 2021 Flashcards

1
Q

THE BILL SEEKS TO AMMEND WHICH GENERAL INSURANCE BUSINESS (NATIONALISATION) AMMENDMENT??

A

GIBA 1972

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2
Q

THE BILL REMOVES WHAT %AGE OF SHAREHOLDING OF INDIAN GOVT??

A

51%

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3
Q

PURPOSE OF THE AMMENDMENT??

A

PROVIDES A GREATER PRIVATE SECTOR PARTICIPATION IN PUBLIC SECTOR INSURANCE COMPANIES

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