Correct Answer :   New India Assurance Company Ltd.

Correct Answer :   Misuse Alert

Correct Answer :   IRDA

Correct Answer :   Hyderabad

Correct Answer :   Insurance companies

Correct Answer :   Eight

Correct Answer :   Mumbai

Correct Answer :   US$310 billion

Life Insurance Corporation of India (LIC) has an asset size of Rs 2,009,119 crore (US$310 billion) as of 2016. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation in 1956

Correct Answer :   Exide Life Insurance Co. Ltd.

Exide industries acquired 50% stakes of ING Vysya Life Insurance in 2005.
After ING exited from India in Jan 2013, Exide Industries acquired the remaining 50% of the equity capital of ING Vysya Life Insurance, thus becoming 100% stake holder.
And after this — ING Vysya Life was renamed as Exide Life Insurance in 2014. Exide Life Insurance is head quartered in Bangalore.

Correct Answer :   Bank of Baroda and Andhra Bank

It is a joint venture between two of India’s public sector banks – Bank of Baroda (44%) and Andhra Bank (30%), and UK’s financial and investment company Legal & General(26%). It was incorporated in November, 2009. It has its headquarters in Mumbai.