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  3. Banking

Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-2

  • question_answer
    The 'SBI Life Insurance Company Limited' is a joint venture life insurance company between Stat Bank of India and                    

    A)  BNP Paribas Assurance

    B)  Standard Life Insurance Company

    C)  Prudential Life Insurance Company

    D)  Life Insurance Corporation of India                   

    E)  New York Life Insurance Company

    Correct Answer: A

    Solution :

     SBI Life Insurance is a joint venture life insurance company between State Bank of India (SBI) and BNP Paribas Assurance. SBI owns 74% of the total capital and BNP Paribas Assurance the remaining 26% of the capital. It was founded in 2001.


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