Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-7

  • question_answer
    Which of the following is the largest general insurance company of India on the basis of gross premium collection inclusive of foreign operations?

    A)  United India Insurance Company Limited

    B)  Oriental Fire and General Insurance Company Limited

    C)  New India Assurance Company Limited

    D)  Agriculture Insurance Company of India

    E)  National Insurance Company Limited

    Correct Answer: C

    Solution :

     New India Assurance Co. Ltd is the "largest general insurance company of India on the basis of gross premium collection inclusive of foreign operations". It was founded by Sir Dorabji Tata in 1919", and was nationalised in 1973. Based in Mumbai, it is one of the five wholly Government of India owned assurance companies of India.


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