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The Star Union Dai-ichi Life Insurance is a joint venture between which Indian banks apart from Japan’s Dai-ichi Life Insurance Company?

A.Allahabad Bank and Bank of India
B.Bank of Baroda and United Bank of India
C.Bank of India andUnion Bank of India
D.Punjab National Bank and Union Bank of India
Answer and Feedback
Answer:C
Feedback:Star Union Dai-Ichi Life Insurance is a JV between BoI (holds 28.96 per cent), Union Bank of India (holds25.10 per cent), and Japan’s Dai-ichi Life Insurance Company ( holds 45.94 per cent)

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