1. Limit of FDI in Insurance sector :
a) 47%
b) 50%
c) 49%
d) 51%
e) None of These
Answer: 49%
2. Largest Life Insurance Company in India is:
a) The New India Assurance Company Limited
b) Life Insurance Corporation of India (LIC)
c) United India Insurance Company Limited
d) National Insurance Company Limited
e) None of These
Answer: Life Insurance Corporation of India
3. Which was oldest insurance company, found in 1906:
a) LIC
b) National Insurance Company
c) Agriculture Insurance Company of India
d) United India Insurance Comp
e) None of These
Answer: National Insurance Company
4. Life Insurance Corporation was found on:
a) 1 April, 1955
b) 6 Decemberr, 1960
c) 4 September, 1956
d) 1 September, 1956
e) None of These
Answer: 1 September, 1956
5. Headquarter of LIC is situated at:
a) Kolkata
b) Delhi
c) Mumbai
d) Hyderabad
e) None of These
Answer: Mumbai