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Question: The Bombay Mutual Assurance Society Ltd. formed in ________

Options:

  1.  1870
  2.  1970
  3.  1960
  4.  1865

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1. 1870

The Bombay Mutual Assurance Society Ltd. formed in 1870.


Explanation:

In 1870, Bombay Mutual Life Assurance Society became the first Indian insurance company formed in Mumbai.

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