IRDA APPROVED THE INVESTMENT IN PSB’S OF WHICH INSURANCE COMPANY

77. IRDA approved the investment in PSB’s of which insurance company?

A. United India

B. LIC

C. New India Assurance

D. Oriental India Insurance

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Answer: B. LIC

Explanation: The regulatory authority of Insurance sector has given its nod to the biggest life

insurance company of India- LIC to invest in the Public Sector Banks.