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What is the total asset size of Life Insurance Corporation of India as of 2016?
A)
US$370 billion
B)
US$320 billion
C)
US$330 billion
D)
US$310 billion

Correct Answer : Option (D) - US$310 billion



Life Insurance Corporation of India (LIC) has an asset size of Rs 2,009,119 crore (US$310 billion) as of 2016. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation in 1956

Published On : June 1, 2021
Category : Insurance and Finance
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