NIACL was nationalised in 1973

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In which among the following year the New India Assurance Company Limited (NIACL) was founded?
(a) 1919
(b) 1973
(c) 1949
(d) 1956
(e) 1988

Ans.(a)

Sol. The New India Assurance Company Limited (NIACL) was founded by Sir Dorabji Tata on July 23rd, 1919 and nationalised in 1973 with the merger of Indian companies.

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