[Solved] GIC was formed in pursuance of which section of General Insurance Business (Nationalization) Act (GIBNA)?

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Q.	GIC was formed in pursuance of which section of General Insurance Business (Nationalization) Act (GIBNA)?
A.	Section 8(1)
B.	Section 7(1)
C.	Section 9(1)
D.	Section 2(1)
Answer» C. Section 9(1)

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