Question

Which of the following are General Insurance companies in the public sector?
(A) Oriental Insurance Company Limited
(B) New India Assurance Company Limited
(C) SBI General Insurance Company Limited
(D) United India Insurance Company Limited
Choose the correct answer from the options given below:

• A. (A), (B) and (C) only
• B. (A), (B) and (D) only
• C. (A), (B), (C) and (D)
• D. (B), (C) and (D) only

Hint:

Public sector general insurance companies in India are owned by the Government of India, such as Oriental Insurance, New India Assurance, and United India Insurance

Answer 1

The Correct Option is B

The correct answer includes the following companies:
- (A) Oriental Insurance Company Limited: This is a public sector general insurance company owned by the Government of India
- (B) New India Assurance Company Limited: It is also a government-owned general insurance company and one of the largest public sector insurers in India
- (D) United India Insurance Company Limited: This is another government-owned general insurance company that operates under the public sector.
(C) SBI General Insurance Company Limited is not a public sector company. It is a joint venture between the State Bank of India and other stakeholders, making it a private sector company. Therefore, (A), (B), and (D) are the correct public sector general insurance companies