The Central Government has increased the retirement age of LIC Chairman to how many years?
A. 60 years
B. 62 years
C. 70 years
D. 75 years
Explanation:
The government has extended the superannuation age of IPO-bound LIC Chairman to up to 62 years by making amendment to the Life Insurance Corporation of India (Staff) Regulations, 1960. The changes made in the rules will be called the Life Insurance Corporation of India (Staff) Amendment Rules, 2021, according to a government notification dated June 30, 2021.
