Agriculture Insurance Company of India Limited (AIC) was incorporated in which year?

[amp_mcq option1=”20th December 2004″ option2=”20th December 2002″ option3=”20th December 1999″ option4=”20th December 2007″ correct=”option3″]

The correct answer is: C. 20th December 1999

Agriculture Insurance Company of India Limited (AIC) was incorporated on 20th December 1999. It is a wholly owned subsidiary of the General Insurance Corporation of India (GIC). AIC provides crop insurance to farmers in India. It is the largest crop insurance company in India.

Option A is incorrect because AIC was incorporated in 1999, not 2004.
Option B is incorrect because AIC was incorporated in 1999, not 2002.
Option D is incorrect because AIC was incorporated in 1999, not 2007.