Who among the following was/were appointed as the managing director/directors of Life Insurance Corporation (LIC) in March 2019?

The government has held internal preliminary discussions over a possible infusion of fresh capital in debt-laden IDBI by Life Insurance Corporation of India (LIC) but no decision has been taken on selling its stake in the bank to the insurer, said a senior official. LIC would use that amount to capitalize the bank to maintain its capital adequacy ratio. It would not be a stake sale by government. The government is expected to hold discussions with banking, insurance and market regulators before taking a final call. Which of the following can be logically deduced from the statement above?

A

IDBI will need more capital infusion and LIC can put that money towards further strengthening the bank. The government may hold informal consultations with Reserve Bank of India (RBI) , Insurance Regulatory and Development Authority of India (Irda) and market regulator Securities and Exchange Board of India (Sebi) .

B

The government had in 2015 announced its intention to transform IDBI Bank on the lines of Axis Bank. Issuance of new equity will raise more capital and also dilute the government’s stake in the bank.

C

The insurer already has a 10.82% stake in IDBI Bank and would require regulatory clearance to increase this beyond 15%.

D

The government is considering a preferential capital issue by IDBI Bank to bring its holding below 50% as part of plans to transform its fortunes, along the lines of Axis Bank.

E

All can be deduced.

Following are the shortilisting criteria for a candidates to be called for Interview for the post of Deputy Manager in an Insurance company. The candidate must (i) be at least 30 years and not more than 35 years as on 1st January, 2020. (ii) be a graduate in any discipline. (iii) have done MBA with specialisation in insurance with at least 75% marks. (iv)have at least one year post qualification work experience in an insurance company. (v) have secured at least 60% of marks in the screening test conducted by the company. (vi) a native of Maharashtra. However, if the applicant fulfills the above mentioned criteria except a) at (iv) above, the case may be referred to the General Manager of the company. b) at (v) above, the case may be referred to the Chief Manager of the company. c) at (vi) above but has studied Marathi as one subject in class 10, his case will be referred to Divisional Manager of the company. Rekha Kesharwani is 32 years old as on 1st Jan 2020. She has done B.Sc. from a university in Uttar Pradesh. She has done her post graduation in Business administration with a specialisation of Insurance from a reputed institute at Pune in 2016. She has scored 75% marks in the screening test conducted by the company. She is working as a development officer in LIC of India. What decision about Rekha Kesharwani can be taken on the basis of the information given above?

A

She will not be shortlisted for the interview.

B

Her case will be forwarded to Divisional manager of the company

C

She will be shortlisted for the interview.

D

The data provided is not adequate to take the decision.

Who has taken charge as the Managing Director (MD) of Life Insurance Corporation (LIC) in October 2021?

A

Shyam Srinivasan

B

Salil Parekh

C

B C Patnaik

D

Natarajan Chandrasekaran

Which of the following has successfully implemented their iAML (Anti Money Laundering) solution at India’s insurance giant, the Life Insurance Corporation of India (LIC)?

A

Concentrix

B

IDBI Intech Ltd

C

Kotak Mahindra Bank

D

ICICI Bank

E

Yes Bank

In February 2022, which of the following has announced the signing of the Insurance Broker Agreement for the distribution of Life Insurance Corporation (LIC) products on its platform?

A

Berns Brett India Insurance Broking Pvt Limited

B

BSE Ebix Insurance Broking Private Limited

C

Image Insurance Brokers Private Limited

D

Mass Insurance Brokers Private Limited

E

Probus Insurance Broker Private limited

In the question below, two statements followed by two assumptions 1 and 2 are given. You have to take every statement to be true and then understand both the assumptions together and decide which of these are implicit in the statement? Statements: In our company, the number of employees is high. That is why, I want to propose a life insurance policy for everyone, → Managing Director of the company. Assumptions: 1. It is mandatory for all companies to provide life insurance policy to their employees. 2. The insurance policy is very useful for employees and their families.

A

Both assumptions 1 and 2 are not implicit.

B

Only assumption 1 is implicit.

C

Only assumption 2 is implicit.

D

Both assumptions 1 and 2 are implicit.

Who among the followings has been appointed as the Managing Director and CEO of the LIC Mutual Fund on March 1, 2022?

A

TS Ramakrishnan

B

Saurabh Nanavati

C

Nilesh Shah

D

Vinay M. Tonse

E

Either Option 2 or 3

Who among the following was appointed as the Managing Director of Life Insurance Corporation in February 2021?

A

Siddhartha Mohanty

B

Rajeev Arora

C

Pankaj Jain

D

TC Susheel Kumar

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

A

Ajay Tyagi

B

M R Kumar

C

Sivasubramanian Ramann

D

G R Chintala

E

R V Verma

According to a survey of business firms in a certain city, 750 firms offer their employees health insurance , 640 offer dental insurance and 280 offer health insurance and dental insurance. How many firms offer their employees health insurance or dental

A

920

B

1,100

C

1,110

D

1,030

Who among the following was/were appointed as the managing director/directors of Life Insurance Corporation (LIC) in March 2019?

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