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Q · InsuranceMedium · 45s
The Life Insurance Corporation of India (LIC) was established in
TopicInsurance
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min
Step-by-Step Solution
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LIC was formed by nationalizing 245 private life insurers in 1956.
Final Answer: Option (C) 1956