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Indian Mathematical Contributions to Banking and Insurance
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Which Indian mathematician is widely regarded as the 'Father of Indian Actuarial Science'?
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A
P. C. Mahalanobis
💡 Explanation:
P. C. Mahalanobis made significant contributions to the field of actuarial science in India. He developed statistical methods for risk assessment and insurance premium calculation, which had a profound impact on the development of the insurance industry in India.