Discussion
Different definitions regarding Insurance has been given in which section of The Life Insurance Corporation Act, 1956?
Answer: A
The definitions, including the definition of insurance business and related terms, are collected in Section 2 of the Life Insurance Corporation Act, 1956, the interpretation section at the start of the Act.
Section 8, Section 56 and Section 110 of the Act deal with other matters, not definitions; an Act's definitions are ordinarily placed in an early section, and for this Act that is Section 2.
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