Who is the Chairman of LIC of India?
Q. Name the person elected as the new Chairman of the Life Insurance Corporation of India?- Published on 07 Feb 17a. V K Sharma
b. S K Roy
c. Sushil Kumar
d. Rajesh Vadhera
ANSWER: V K Sharma
The government has appointed V K Sharma as chairman of Life Insurance Corporation of India.
Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company.
It is the largest insurance company in India.
The LIC was founded when the Parliament of India passed the Life Insurance Corporation of India Act, 1956 that nationalized the private insurance industry in India.
Over 245 insurance companies were merged to create the Life Insurance Corporation of India.
LIC – Life insurance Corporation of India
Founded: 1 September 1956
Headquarters: Mumbai, India
Current Head: V K Sharma (Chairman)
