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This is not a subsidiary company of Reliance Capital company?  
  • a)
    Reliance Life Insurance
  • b)
    Reliance Capital Asset Management Limited
  • c)
    Reliance Money and Reliance Consumer Finance
  • d)
    Reliance General Insurance
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
This is not a subsidiary company of Reliance Capital company? a)Relian...
Reliance General Insurance is not a subsidiary company of Reliance Capital
Reliance General Insurance is not a subsidiary company of Reliance Capital. Let's break down the reasons why this statement is true:

Explanation:
- Reliance General Insurance: Reliance General Insurance is a standalone insurance company under the Reliance Group but it is not a subsidiary of Reliance Capital.
- Reliance Life Insurance: Reliance Life Insurance is a subsidiary company of Reliance Capital, offering life insurance products to customers.
- Reliance Capital Asset Management Limited: Reliance Capital Asset Management Limited is also a subsidiary of Reliance Capital, focusing on asset management services.
- Reliance Money and Reliance Consumer Finance: Both Reliance Money and Reliance Consumer Finance are subsidiaries of Reliance Capital, providing financial services to customers.
Therefore, based on the information provided, Reliance General Insurance is not a subsidiary company of Reliance Capital. This distinction is important when understanding the corporate structure and relationships within the Reliance Group.
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This is not a subsidiary company of Reliance Capital company? a)Reliance Life Insurance b)Reliance Capital Asset Management Limited c)Reliance Money and Reliance Consumer Finance d)Reliance General InsuranceCorrect answer is option 'D'. Can you explain this answer?
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