2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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BC Patnaik has taken over as the Managing Director of which company?
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IRDA
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New Indian Insurance
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Tata
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Life Insurance Corporation of India
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Explanation:
Detailed explanation-1: -B C Patnaik has taken charge as the Managing Director (MD) of Life Insurance Corporation (LIC).
Detailed explanation-2: -Managing Director of LIC of India Shri B.C. Patnaik has taken charge as Managing Director on 1st October 2021. Shri B.C. Patnaik is a postgraduate in Political Science and a Fellow of the Insurance Institute of India. He joined LIC in 1986 as a Direct Recruit Officer.
Detailed explanation-3: -1956: 245 Indian and foreign insurers and provident societies are taken over by the central government and nationalised. LIC formed by an Act of Parliament, viz. LIC Act, 1956, with a capital contribution of Rs. 5 crore from the Government of India.
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