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Life Insurance Corporation (LIC) of India was established in ?

  • 1955
  • 1956
  • 1957
  • 1958

Answer: Option B

Explanation:

Life Insurance Corporation (LIC) of India was established in September 1956.

Similar Questions :

1. National Development Council was constituted on

  • 2 August, 1952
  • 6 August, 1952
  • 8 August, 1952
  • 12 August, 1952

Answer: Option B

2. What is FEMA ?

  • First Exchange Management Act
  • Foreign Exchequer Management Act
  • Foreign Exchange Management Act
  • Foreign Evaluation Management Act

Answer: Option C

Explanation:

FEMA is Foreign Exchange Management Act, it came into force in July 2000. It replaced Foreign Exchange Regulation Act 1973.

3. Iron and steel industry started in India in the year ?

  • 1855
  • 1860
  • 1865
  • 1870

Answer: Option D

Explanation:

Iron and steel industry started in India in the year 1870, when Bengal Iron Works company established its plant in Kulti, West Bengal.

4. Which of the following is not viewed as a national debt ?

  • National Saving Certificate
  • Provident Fund
  • Life Insurance Policies
  • Long-term Government Bonds

Answer: Option A

5. Which Indian got Nobel Prize for Economics ?

  • Teressa
  • Amarthiya Sen
  • C.V.Raman
  • None of above

Answer: Option B

Read more from - Indian Economy Questions Answers
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