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The government has given a nine-month extension to LIC Chairman till March 2022. Who is the Chairman of LIC?

The government has given a nine-month extension to LIC Chairman till March 2022. Who is the Chairman of LIC? Correct Answer M R Kumar

The correct answer is M R Kumar.

  • The government has given a nine-month extension to LIC Chairman M R Kumar till March 2022 in view of the insurer's proposed initial public offer towards the end of the current fiscal.
  • Kumar was to retire in June 2021 upon attaining the age of 60 years.
  • Initial Public Offer (IPO) of LIC would be floated in 2021-22 as part of the ambitious Rs 1.75 lakh crore disinvestment target.

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