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Consider the following statements. 1. The life insurance business in the country was Nationalised by the government of India in 1956.2. At the time no foreign companies were playing in the life segment of the insurance.Which of these statements is/are correct?a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) Neither 1 nor 2Correct 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 Consider the following statements. 1. The life insurance business in the country was Nationalised by the government of India in 1956.2. At the time no foreign companies were playing in the life segment of the insurance.Which of these statements is/are correct?a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) Neither 1 nor 2Correct 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 Consider the following statements. 1. The life insurance business in the country was Nationalised by the government of India in 1956.2. At the time no foreign companies were playing in the life segment of the insurance.Which of these statements is/are correct?a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.

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