The Bombay Mutual Assurance Society Ltd. formed in ________

Question

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

Options:

1.  1870
2.  1970
3.  1960
4.  1865

Answer 1

1. 1870

The Bombay Mutual Assurance Society Ltd. formed in 1870.

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Explanation:

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