48ᵗʰ to 52ⁿᵈ B.P.S.C. (Pre) 2008
When was the Life Insurance Corporation of India established?
a1956✓ Correct
b1944
c1952
d1947
Explanation
Under the LIC Act, 1956, passed by the Indian Parliament, the Life Insurance Corporation of India (LIC) was established on 1 September 1956.
economic-social-development