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General Insurance Corporation (GIC) was established in ?

  • 1971
  • 1972
  • 1973
  • 1974

Answer: Option B

Explanation:

General Insurance Corporation (GIC) was established in November 1972.

Similar Questions :

1. Which state is the biggest tea producer in the country ?

  • Andhra Pradesh
  • Sikkim
  • Assam
  • West Bengal

Answer: Option C

2. National Development Council was constituted on

  • 2 August, 1952
  • 6 August, 1952
  • 8 August, 1952
  • 12 August, 1952

Answer: Option B

3. First five year plan was based on ?

  • Herold -Domar Model
  • P.C. Mahalanobis Model
  • Both of above
  • None of above

Answer: Option A

Explanation:

Second five year plan (1956-1961) was based on P.C. Mahalanobis Model.

4. Deficit financing implies :

  • printing new currency notes
  • public revenue in excess of public expenditure
  • public expenditure in excess of public revenue
  • replacing new currency with worn out currency

Answer: Option C

5. General Insurance Corporation (GIC) was established in ?

  • 1971
  • 1972
  • 1973
  • 1974

Answer: Option B

Explanation:

General Insurance Corporation (GIC) was established in November 1972.

Read more from - Indian Economy Questions Answers
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