Correct Answer :   Trusted Since 1906

National Insurance Company Limited (NICL) is a state owned general insurance company in India. Its catchline is “Trusted Since 1906” in italic. The company headquartered at Kolkata was established in 1906 and nationalised in 1972. 

Correct Answer :   All of the above

Correct Answer :   Kotak Mahindra Bank

Kotak Mahindra Bank on 25 November 2014 became first bank in India to fully own an insurance business after Reserve Bank of India (RBI) gave permission to set up a wholly-owned non-life insurance company called Kotak General Insurance.

Correct Answer :   100 Crore

Insurance companies are required to have a minimum paid-up equity capital of 1 billion rupees, whereas a minimum paid-up capital of 2 billion rupees has been prescribed for reinsurance companies.

Correct Answer :   Agricultural Insurance

Agriculture Insurance Company of India Limited is head quartered in New Delhi.It offers yield-based and weather-based crop insurance programs in almost 500 districts of India.

Correct Answer :   Apollo Munich

Apollo Munich Insurance is a joint venture between Apollo Hospitals Group and Munich Health, a world leader in the field of health insurance. Apollo Munich Health Insurance offers health insurance and other products.

Correct Answer :   Mumbai

Mumbai based General Insurance Provider, New India Assurance is the largest general insurance company of India on the basis of gross premium collection inclusive of foreign operations.It was founded by Sir Dorabji Tata in 1919, and was nationalised in 1973.

Correct Answer :   IRDAI

Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous apex statutory body which regulates and develops the insurance industry in India. It was constituted by a Parliament of India act called Insurance Regulatory and Development Authority Act, 1999. In 2014, IRDA has been renamed as “Insurance Regulatory and Development Authority of India”.

Correct Answer :   Crop of the farmer

Correct Answer :   19 April, 2000