Who has been named as new MD and CEO of LIC Mutual Fund?
2021
Who has been named as new MD and CEO of LIC Mutual Fund?
- A.
Rajendra Prasad
- B.
Brajesh Kumar Upadhyay
- C.
T S Ramakrishnan
- D.
Sanjai Kumar
- E.
Pratik Pota
Attempted by 2 students.
Show answer & explanation
Correct answer: C
Concept
Banking and financial-sector current-affairs questions test which person was appointed to head a specific institution during a given period. The reliable method is to anchor on the exact organisation named (here, the asset-management company LIC Mutual Fund) and recall the person formally appointed to its top executive post (Managing Director & CEO) at the time the question refers to, rather than confusing it with leaders of the parent insurer, of unrelated firms, or with later appointees.
Application
The organisation in the stem is LIC Mutual Fund (its asset-management company). The person appointed as its Managing Director & CEO is T S Ramakrishnan, who took charge effective 1 March 2022, succeeding the previous CEO. He had joined LIC Mutual Fund AMC in April 2021 and brought over three decades of experience across LIC and its subsidiaries.
Cross-check
The other names belong to different organisations or roles and do not match this appointment, so they do not fit the post of MD & CEO of LIC Mutual Fund for the period in question. Matching the institution (LIC Mutual Fund) to the office (MD & CEO) for that appointment uniquely identifies T S Ramakrishnan.