2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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V. G. Kannan
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B C Patnaik
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Vinay M. Tonse
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Ashwani Bhatia
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Detailed explanation-1: -Ramakrishnan has experience of over 34 years at LIC and its subsidiaries/associate companies, the release said.
Detailed explanation-2: -The correct answer is Siddhartha Mohanty. Siddhartha Mohanty: The Appointments Committee of the Cabinet (ACC) has approved the appointment of Siddhartha Mohanty as the new Managing Director of the Life Insurance Corporation (LIC) of India. Hence, Option 1 is correct.
Detailed explanation-3: -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-4: -Currently, LIC has a chairman and four managing directors. Insurance behemoth LIC on Friday said B C Patnaik has taken charge as the managing director (MD) of the company. He was appointed as Managing Director vide a government notification dated July 5, 2021, LIC said in a statement.