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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. On which position India is, if we talk about production of vegetables ?

  • First
  • Second
  • Third
  • Fourth

Answer: Option B

Explanation:

On First it is China.

2. Gross domestic capital formation is defined as

  • flow of expenditure devoted to increased or maintaining of the capital stock
  • expenditure incurred on physical assets only
  • production exceeding demand
  • net addition to stock after depreciation

Answer: Option D

3. Exise duty is imposed on

  • Sale of an item
  • Production of an item
  • Consumption of an item
  • All of above

Answer: Option B

Explanation:

Exise duty is imposed on Production of an item so it is a commodity tax.

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. Who was the father of Operation Flood ?

  • Dr. Norman Borlaug
  • Dr. M.S. Swaminathan
  • Dr. Verghese Kurien
  • Dr. William Gande

Answer: Option C

Explanation:

The "Operation flood" was the largest integrated dairy development programme of the world. It was started by National dairy development board in 1970.

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