Who has been re-appointed as the chairman of Life Insurance Corporation (LIC)?
A. Ravneet Singh
B. Pradeep Chandran Nair
C. M R Kumar
D. K P Krishnan
Explanation:
MR Kumar has been re-appointed as the chairman of Life Insurance Corporation (LIC) till March 13, 2022. Kumar’s reappointment is crucial as the state-owned insurer is eying an IPO (Initial Public Offering) in the current fiscal year. LIC is India’s 2nd-largest financial services institution with a Rs 31 lakh crore balance sheet, next to the country’s largest bank, State Bank of India (SBI), which has assets of Rs 39.51 lakh crore.
