In which year The Life Insurance sector and Life Insurance Corporation of…
2020
In which year The Life Insurance sector and Life Insurance Corporation of India was nationalized?
- A.
1906
- B.
1971
- C.
1956
- D.
1978
Show answer & explanation
Correct answer: C
The life insurance business in India was nationalized in 1956, and the Life Insurance Corporation of India was formed in the same year.