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With reference to Insurance Sector in India, consider the following statements:1. Among the life insurers, Life Insurance Corporation (LIC) is the sole public sectorcompany.2. There are six public sector insurers in the non-life insurance segment.3. Currently, the insurance penetration in India is 37 percent of the gross domesticproduct (GDP) as against the world average which is 61 percent.Which of the given above statements is/are correct?a)1 and 2 onlyb)1 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to Insurance Sector in India, consider the following statements:1. Among the life insurers, Life Insurance Corporation (LIC) is the sole public sectorcompany.2. There are six public sector insurers in the non-life insurance segment.3. Currently, the insurance penetration in India is 37 percent of the gross domesticproduct (GDP) as against the world average which is 61 percent.Which of the given above statements is/are correct?a)1 and 2 onlyb)1 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to Insurance Sector in India, consider the following statements:1. Among the life insurers, Life Insurance Corporation (LIC) is the sole public sectorcompany.2. There are six public sector insurers in the non-life insurance segment.3. Currently, the insurance penetration in India is 37 percent of the gross domesticproduct (GDP) as against the world average which is 61 percent.Which of the given above statements is/are correct?a)1 and 2 onlyb)1 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer?.

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Here you can find the meaning of With reference to Insurance Sector in India, consider the following statements:1. Among the life insurers, Life Insurance Corporation (LIC) is the sole public sectorcompany.2. There are six public sector insurers in the non-life insurance segment.3. Currently, the insurance penetration in India is 37 percent of the gross domesticproduct (GDP) as against the world average which is 61 percent.Which of the given above statements is/are correct?a)1 and 2 onlyb)1 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of With reference to Insurance Sector in India, consider the following statements:1. Among the life insurers, Life Insurance Corporation (LIC) is the sole public sectorcompany.2. There are six public sector insurers in the non-life insurance segment.3. Currently, the insurance penetration in India is 37 percent of the gross domesticproduct (GDP) as against the world average which is 61 percent.Which of the given above statements is/are correct?a)1 and 2 onlyb)1 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer?, a detailed solution for With reference to Insurance Sector in India, consider the following statements:1. Among the life insurers, Life Insurance Corporation (LIC) is the sole public sectorcompany.2. There are six public sector insurers in the non-life insurance segment.3. Currently, the insurance penetration in India is 37 percent of the gross domesticproduct (GDP) as against the world average which is 61 percent.Which of the given above statements is/are correct?a)1 and 2 onlyb)1 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of With reference to Insurance Sector in India, consider the following statements:1. Among the life insurers, Life Insurance Corporation (LIC) is the sole public sectorcompany.2. There are six public sector insurers in the non-life insurance segment.3. Currently, the insurance penetration in India is 37 percent of the gross domesticproduct (GDP) as against the world average which is 61 percent.Which of the given above statements is/are correct?a)1 and 2 onlyb)1 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice With reference to Insurance Sector in India, consider the following statements:1. Among the life insurers, Life Insurance Corporation (LIC) is the sole public sectorcompany.2. There are six public sector insurers in the non-life insurance segment.3. Currently, the insurance penetration in India is 37 percent of the gross domesticproduct (GDP) as against the world average which is 61 percent.Which of the given above statements is/are correct?a)1 and 2 onlyb)1 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.