Cabinet clears proposals for listing 5 PSU general insurers

The Cabinet has given its in-principle nod for a listing of all the five general insurance companies.The five general insurance companies are the New India Assurance Company Ltd, United India Insurance Company Ltd, Oriental Insurance Company Ltd, National Insurance Company Ltd and General Insurance Company Ltd. The Centre’s shareholding would be divested from 100% to 75% in one or more tranches over a period of time, Finance Minister Arun Jaitley told reporters after a Cabinet meeting.

So, let’s discuss some questions related to this post:
Q1. How many PSU general Insurers companies get clear proposal by cabinet, recently?
Ans1. 5 PSU general Insurers

Source-The Hindu

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