CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has been resigned as the Chairman of LIC recently
A
S K Roy
B
Vijay Sharma
C
Ashwani Kumar
D
Sanjay Kallapur
Explanation: 

Detailed explanation-1: -For smooth sailing for the LIC’s listing, its current chairman MR Kumar has got two extensions one from July 2021 to March 2022 and one from April 2022 to March 2023. To enable this, the government amended the LIC (Staff) regulations and increased the superannuation age to 62 for the chairman.

Detailed explanation-2: -Life Insurance Corp. Chairman MR Kumar has maintained the value-of-new-business margin target of 20% in the medium term and 25% by the 2024–25 financial year.

There is 1 question to complete.