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Who has been re-appointed as the chairman of Life Insurance Corporation (LIC)?

Daily Current Affairs Quiz 11 June 2021

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.

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