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In the history of insurance in India, what was the objective of the Malhotra Committee, and when was it formed?a)Formed in 1972 to assess and recommend reforms in the insurance sector.b)Formed in 1956 to nationalize the insurance industry.c)Formed in 1993 to regulate non-life insurance businesses.d)Formed in 1912 to regulate life insurance companies.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In the history of insurance in India, what was the objective of the Malhotra Committee, and when was it formed?a)Formed in 1972 to assess and recommend reforms in the insurance sector.b)Formed in 1956 to nationalize the insurance industry.c)Formed in 1993 to regulate non-life insurance businesses.d)Formed in 1912 to regulate life insurance companies.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the history of insurance in India, what was the objective of the Malhotra Committee, and when was it formed?a)Formed in 1972 to assess and recommend reforms in the insurance sector.b)Formed in 1956 to nationalize the insurance industry.c)Formed in 1993 to regulate non-life insurance businesses.d)Formed in 1912 to regulate life insurance companies.Correct answer is option 'C'. Can you explain this answer?.

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