Daily Current Affairs Quiz – 13th June 2023

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2023 of 13th June 2023. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2023 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) As per ________ report in June 2023, the Indian economy is expected to clock a 6-6.3% growth in June quarter.

(a) Moody

(b) CRISIL

(c) FITCH

(d) IMF

(e) World Bank


2) Recently in June 2023, the IRDAI granted a license to conduct life insurance business in India
to which insurance company?

(a) Acko General Insurance

(b) Go Digit Life Insurance

(c) IFFCO Tokio General Insurance

(d) Reliance General Insurance

(e) Future Generali India Insurance


3) Which organisation has partnered with NITI Aayog and World Bank to launch mission
‘EVOLVE’to finance MSMEs in the Electric Vehicles (EV) space?

(a) NPCI

(b) SEBI

(c) NABARD

(d) SIDBI

(e) IRDAI


4) Which of the following small finance bank has recently (June 2023) adopted e-signature for
micro-loan disbursals?

(a) Suryoday Small Finance Bank

(b) ESAF Small Finance Bank

(c) Equitas Small Finance Bank

(d) Fincare Small Finance Bank

(e) Utkarsh Small Finance Bank


5) According to the data released by NPCI,India’s prominent digital payment network ______ transactions have been made through UPI in May, 2023.

(a) 7 billion

(b) 9 billion

(c) 5 billion

(d) 6 billion

(e) 8 billion


6) Which bank has been imposed a penalty of Rs 2.20 crores by RBI for non-compliance of
income recognition and other deficiencies in regulatory compliance?

(a) Punjab and National Bank

(b) Bank of Baroda

(c) Indian Overseas Bank

(d) UCO Bank

(e) State Bank of India


7) The Union Government has released the ___ instalment of tax devolution to State Governments amounting to ₹1,18,280 crore.

(a) 3rd

(b) 2nd

(c) 1st

(d) 4th

(e) 5th


8) Prime Minister Narendra Modi chaired a high-level meeting to review the preparedness of the
impending Cyclone ___________.

(a) Central

(b) Siroy

(c) Vinayak

(d) Biparjoy

(e) Heartik


9) Where was the first-ever National Training Conclave inaugurated by the Prime Minister
Narendra Modi?

(a) Hyderabad

(b) Chennai

(c) New Delhi

(d) Mumbai

(e) Bangalore


10) Which insurance company has signed an MoU with Directorate General Resettlement
(DGR)to generate employment opportunities for the esteemed Ex-Servicemen of the Defence Services?

(a) Kotak Mahindra Life Insurance

(b) Shriram Life Insurance

(c) SBI Life Insurance

(d) Edelweiss Tokio Life Insurance

(e) Bajaj Allianz Life Insurance


11) Which state government has recently (June 2023) announced to legalize more than 6000
illegal colonies in the state?

(a) Madhya Pradesh

(b) Haryana

(c) Gujarat

(d) Rajasthan

(e) Punjab


12) Who has been appointed as the new director general (DG) of the Border Security Force
(BSF)?

(a) Nitin Agarwal

(b) Navneet Munnot

(c) Krishna Gupta

(d) Ravi Shankar

(e) Sangeeta Verma


13) Celeste Saulo has been appointed as the first female Secretary-General (SG) of the World Meteorological Organization (WMO). She belongs to which country?

(a) Maldives

(b) Cambodia

(c) Netherlands

(d) Argentina

(e) Canada


14) Sanjay Swarup has been appointed as the Chairman & Managing Director (CMD) of Container Corporation of India (CONCOR). CONCOR comes under which ministry?

(a) Ministry of Power

(b) Ministry of Ports, Shipping and Waterways

(c) Ministry of Railways

(d) Ministry of Petroleum and Natural Gas

(e) Ministry of Road Transport and Highways


15) Who among the following took over as Air Officer-in-Charge Administration (AOA)?

(a) Jagadesh Kumar

(b) T.G.Sitharam

(c) Purnima Devi

(d) Rajiv Kumar

(e) Rajesh Kumar Anand


16) Which Indian cricketer has been appointed as the brand ambassador of Tripura tourism?

(a) Virat Kohli

(b) Rohit Sharma

(c) Surya Kumar Yadav

(d) K.L. Rahul

(e) Sourav Ganguly


17) How much per cent of shares acquainted by LIC in the state-owned steel production firm
Steel Authority of India Limited (SAIL)?

(a) 4.98%

(b) 9.29%

(c) 5.67%

(d) 8.68%

(e) 7.78%


18) Novak Djokovic created history by becoming the first man to reach the coveted ___ grand slam title after won the men’s singles final of the French Open 2023.

(a) 35

(b) 22

(c) 23

(d) 32

(e) 28


19) Which of the following country won the FIH Pro League 2022-23 held in Eindhoven, the
Netherlands?

(a) Belgium

(b) Argentina

(c) Brazil

(d) India

(e) Australia


20) India defeated which country to win their first Women’s Junior Hockey Asia Cup in
Kakamigahara, Japan?

(a) Nepal

(b) Japan

(c) South Korea

(d) Bangladesh

(e) Australia


21) Kollam Sudhi has recently passed away at the age of 39. He was a/an ___________.

(a) Journalist

(b) Politician

(c) Actor

(d) Cricketer

(e) Painter


22) Every year, the International Albinism Awareness Day has been observed on which of the
following day?

(a) 14 June

(b) 11 June

(c) 12 June

(d) 13 June

(e) 10 June


23) The _____ summit of the Supreme Audit Institutions (SAIs) of the G20 countries held in Panaji, Goa.

(a) third

(b) second

(c) first

(d) fifth

(e) fourth


24) Where is the headquarters of the ESAF Small Finance Bank located?

(a) Bengaluru, Karnataka

(b) Mumbai, Maharashtra

(c) Kochi, Kerala

(d) Surat, Gujarat

(e) Thrissur, Kerala


25) Who is the present Chairman of Life Insurance Corporation of India (LIC)?

(a) Bhushan Kumar Sinha

(b) Siddharth Mohanty

(c) Rajiv Kumar

(d) Debasish Panda

(e) Sivasubramanian Ramann


Answers :

1) Answer: A

The global credit ratings major Moody projected that the Indian economy is expected to clock a 6-6.3% growth in June quarter, and flagged risks of fiscal slippage arising from weaker than expected government revenues in the current fiscal.

Moody’s growth estimate is lower than the 8% projection for the first quarter made by the Reserve Bank of India (RBI) last week.

Key Highlights :

India has a relatively high level of general government debt at around 81.8% of GDP for 2022-23, and low debt affordability.

Gross Fixed Capital Formation (GFCF) is an indicator of investment in the economy.

The fiscal deficit, which is the difference between government expenditure and revenue, narrowed to 6.4% of GDP in 2022-23 from 6.7% in 2021-22.

In the current fiscal, the deficit is budgeted to come in lower at 5.9% of GDP.

For the full 2023-24 and 2024-25 fiscals, Moody’s projects economic growth at 6.1% and 6.3%, respectively.

On a calendar year basis, Moody’s expects growth to be 5.5% in 2023, which could improve to 6.5% in 2024.

In its monetary policy, the RBI projected India’s GDP to expand by 6.5% in the current fiscal, on the back of supportive domestic demand conditions.

The RBI projected June quarter (Q1) growth at 8%, Q2 at 6.5%, Q3 at 6%, and Q4 at 5.7%.

Moody’s has a ‘Baa3’ sovereign credit rating on India, with a stable outlook.

Baa3 is the lowest investment grade rating.

India has a relatively high level of general government debt, estimated at around 81.8% of GDP for fiscal 2022-23, compared with the Baa-rated median of around 56%.

India also has low debt affordability, in terms of general government interest payments as a percentage of revenues, which for India is estimated at 26% for fiscal 2022-23, compared with the Baa median of around 8.4%.


2) Answer: B

India’s insurance regulator, the Insurance Regulatory and Development Authority of India (IRDAI), grants a license to conduct life insurance business in India to Go Digit Life Insurance Limited.

This came after Securities and Exchange Board of India (SEBI) returned Go Digit’s draft IPO (Initial Public Offering) papers on January 30, 2023 & asked the company to refile the documents with certain updates.

The approval to Go Digit will be the 4th life insurance business licence issued by IRDAI this year.

With the latest addition, the number of insurers operating in the life insurance segment has gone up to 26.

About Go Digit General Insurance Ltd :

Go Digit General Insurance Ltd, funded by Fairfax Group in Canada, has refiled preliminary Initial Public Offering (IPO) papers with Securities and Exchange Board of India (SEBI) after modifying its employee equity appreciation rights programme.

Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, to meet the needs of the customers.

It is one of the first non-life insurers in India to be fully operated on the cloud and has developed application programming interface (API) integrations with several channel partners.


3) Answer: D

The principal financial institution for Micro Small & Medium Enterprises (MSMEs) in India, the Small Industries Development Bank of India (SIDBI) has launched mission EVOLVE (Electric Vehicle Operations and Lending for Vibrant Ecosystem) in association with National Institution for Transforming India (NITI) Aayog, World Bank, Korean-World Bank and Korean Economic Development Cooperation Fund (EDCF) to finance MSMEs in the Electric Vehicles (EV) space.

Under the initiative, SIDBI will give MSMEs access to affordable commercial financing for EV loans including hosting of telematics that could help reduce financing costs and provide data for other financial services.

Key Highlights :

The programme comes in the backdrop of SIDBI’s aim to support India’s target for 30% EV penetration by 2030 or EV30@30.

Significantly, SIDBI had announced a pilot scheme Mission 50,000-EV4ECO in April, 2023 under guidance from NITI Aayog to fund MSMEs finding it difficult to access loans to purchase EVs for their day-to-day operations and commercial use.

The mission aims to finance 50,000 EVs.

According to the Society of Manufacturers of Electric Vehicles (SMEV), EV sales had surpassed the 1 million mark in India in the financial year 2022-23 with 11,52,021 units sold, up 58% from 7,26,861 units sold in FY22.

Two-wheelers had the highest share of 62% with 7,26,976 units sold in FY23.


4) Answer: B

ESAF Small Finance Bank, a leading small finance bank in India, has adopted e-signature for micro-loan disbursals.

As on March 31,2023 ESAF Bank has disbursed over 5.27 lakh loans through e-signatures, showcasing its commitment to digital transformation.

Through the adoption of e-signatures, ESAF Bank has effectively saved reams of paper, which would have been utilised for the purpose of loan disbursement, documentation involving handwritten signatures, thereby reducing deforestation.

The Small Finance Bank has also implemented an office automation tool.

This tool automates and digitises all internal office notes sent for approval.

The branch operations department of the bank has devised a process to discontinue the printing of 8 mandatory reports at branch locations.

In May 2023, ESAF Small Finance Bank recorded a 452% increase in net profit to Rs 302.33 crore in FY23.


5) Answer: B

According to the data released by the National Payments Corporation of India (NPCI),the governing body of Unified Payment Interface (UPI) – India’s prominent digital payment network 9 billion transactions have been made through UPI in May, 2023.

The overall value of the UPI transactions stood at ₹14.89 lakh crore with an increase of 43% on a year-over-year basis.

Key Highlights :

8.89 billion UPI Transactions were recorded in April,2023 while transactions in March,2023 were 8.68 billion.

In FY 2022-23, the UPI payment system processed a total of 83 billion transactions, amounting to a value of 139 lakh crore rupees.

According to the report by PwC India titled ‘The Indian Payments Handbook – 2022-27’, it is projected that UPI will achieve a groundbreaking milestone of 1 billion daily transactions by 2026-27.

With a compounded annual growth rate (CAGR) of 50%, the total number of online transactions is projected to surge from 103 billion in FY 2022-23 to 411 billion in FY 2026-27.

In 2022-23, UPI accounted for about 75% of the total transaction volume in the retail segment.


6) Answer: C

The Reserve Bank of India (RBI) has imposed a penalty of Rs 2.20 crores on state-owned Indian Overseas Bank (IOB) for non-compliance of income recognition and other deficiencies in regulatory compliance.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

Key Highlights :

The violated norms include guidelines on disclosure of NPA (non-performing assets) divergence, interest rates on deposits, and advisory on Man in the Middle (MiTM) attacks in Automated Teller Machines (ATMs).

The Statutory Inspection for Supervisory Evaluation with respect to the Indian Overseas Bank’s financial position as on March 2021 was carried out by RBI.

In some instances, Indian Overseas Bank offered interest on deposits at rates applicable to senior/super senior citizens.

Besides, the bank failed to implement control measures for ATMs relating to end-to-end encryption of communication between the ATM terminal/PC and the ATM Switch, within the timelines prescribed.


7) Answer: A

The Union Government has released the 3rd instalment of tax devolution to State Governments amounting to ₹1,18,280  crore, as against the normal monthly devolution of ₹59,140 crore.

One advance instalment in addition to the regular instalment due in June 2023 is being released to States to enable them to speed up capital spending, finance their development/welfare-related expenditure, and make available resources for priority projects/ schemes.


8) Answer: D

Prime Minister Narendra Modi chaired a high-level meeting to review the preparedness of Ministries and Agencies of the  Centre as well as Gujarat to deal with the situation arising out of the impending Cyclone ‘Biparjoy’.

Mr. Modi directed senior officers to take every possible measure to ensure that people living in vulnerable locations are safely evacuated by the State government.

He also asked them to ensure maintenance of all essential services such as Power, Telecommunications, health, drinking water etc and are restored immediately in the event of damages caused to them.

The Prime Minister also directed that the safety of animals should also be ensured.

He further directed for 24X7 functioning of control rooms.

During the meeting, India Meteorological Department IMD informed that Cyclone Biparjoy is expected to cross Saurashtra and Kutch between Mandvi in Gujarat and Karachi in Pakistan near Jakhau Port of Gujarat by noon of 15th June as a very severe cyclonic storm.


9) Answer: C

Prime Minister Shri Narendra Modi inaugurated the first-ever National Training Conclave at the International Exhibition and Convention Centre, Pragati Maidan, New Delhi.

Prime Minister’s address was replete with many anecdotes and stories emanating from his rich political and administrative experience.

He emphasised the importance of aspects like service orientation of government work, ownership in realising the aspirations of common man, need to break the hierarchy and using the experience of every person in the organisation, importance of Jan Bhagidari, the zeal to improve and innovate the system, among other things.

The training modules should be oriented and developed such that these aspects are inculcated in government officials.

Karmayogi Mission seeks to improve the orientation, mindset and approach of the government personnel so that they feel content and happy, and as a by-product of this improvement, the governance system will improve organically


10) Answer: A

A Memorandum of Understanding (MoU) was signed between Directorate General Resettlement (DGR) under Department of Ex-Servicemen Welfare, Ministry of Defence and M/s Kotak Mahindra Life Insurance Company Limited in New Delhi.

The MoU between DGR and Corporates endeavours to bring the corporate companies and Ex-Servicemen on a common platform to generate employment opportunities for the esteemed Ex-Servicemen of the Defence Services.

Maj Gen Sharad Kapur, Director General (Resettlement) said, “This partnership would bring in more visibility of our Ex-servicemen to the industry and corporates and help in achieving the objectives of providing skilled manpower and giving a dignified second career to our Ex-servicemen”.


11) Answer: A

Government of Madhya Pradesh (MP) has announced to legalize more than 6000 illegal colonies in MP.

The MP government announced regularisation of all unauthorised colonies developed till December 31, 2022, in a major decision ahead of the assembly elections in MP.

He also announced that basic facilities including roads, electricity, water, drainage will be provided by the civic bodies and panchayats in these colonies.

The residents of these colonies will not even be charged the amount of development fee.

The MP Chief Minister (CM) Shivraj Singh Chouhan also announced that food will be provided to the poor and labourers in urban areas for 5 rupees.


12) Answer: A

Nitin Agarwal, an Indian Police Service (IPS) officer of the 1989 Kerala cadre, has been appointed as the new director general (DG) of the Border Security Force (BSF).

The appointment of Agarwal came on a day the BSF began its bi-annual four-day border talks with its Bangladeshi counterpart Border Guard Bangladesh (BGB) in Delhi.

The position of BSF chief had remained vacant for over 5 months since the retirement of Pankaj Kumar Singh on December 31, 2022.

For the past 5 months, the additional charge of the BSF has been held by Sujoy Lal Thaosen, the DG of the Central Reserve Police Force (CRPF).

About Nitin Agarwal :

He attained the rank of Additional Director General (ADG) in 2014 while serving with the Indo-Tibetan Border Police (ITBP).


13) Answer: D

Celeste Saulo of Argentina has been appointed as the first female Secretary-General (SG) of the World Meteorological Organization (WMO).

She will take office on 1 January 2024 and succeeds Prof Petteri Taalas, who has completed his two-term mandate.

Prof. Saulo was appointed after receiving the requisite two thirds majority of votes from delegates at the quadrennial World Meteorological Congress, the top decision-making body of the 193-Member WMO.

The leadership election of the World Meteorological Congress takes place every 4 years.

About Celeste Saulo :

Celeste Saulo was born on 6 May 1964 in Buenos Aires, Argentina.

She is an Argentine meteorologist and educator.

She has served as director of the ServicioMeteorológico Nacional (SMN) since 8 July 2014.

She has served as the first vice president of the World Meteorological Organization (WMO) since 24 April 2018.

Currently, she is the First Vice-President of WMO.


14) Answer: C

The Public Enterprises Selection Board (PESB) panel has recommended Sanjay Swarup to be next Chairman & Managing Director (CMD) of Container Corporation of India (CONCOR), a Public Sector Undertaking (PSU) under the Ministry of Railways.

As CMD of CONCOR, Swarup will be Chief Executive of the company.

He will be accountable to the Board of Directors and Government.

He will also be responsible for the efficient functioning of the corporation, and for achieving its corporate objectives and performance parameters.

Currently, he is serving as Director (International Marketing & Operations) in the same organisation.


15) Answer: E

Air Marshal Rajesh Kumar Anand, Vishisht Seva Medal took over as Air Officer-in-Charge Administration (AOA).

Roles & Responsibilities of Air Officer-in-Charge Administration :

Air Force Officer-in-Charge Administration is responsible for overseeing the administrative functions of the Indian Air Force (IAF).

It includes the management of human resources, logistics, infrastructure, welfare and other administrative aspects of the organization.

About Air Marshal Rajesh Kumar Anand :

An alumnus of National Defence Academy, the Air Marshal was commissioned in the Administrative Branch of the Indian Air Force as an Air Traffic Controller on 13 June 1987.

Prior to his present appointment, he was the Director General (Administration) at Air Headquarters, New Delhi.

Awards & Honors :

For his distinguished service, he was awarded the Vishisht Seva Medal by the President of India in January 2022


16) Answer: E

Former Indian cricket captain Sourav Ganguly has been appointed as the brand ambassador of Tripura tourism.

The announcement came after Tripura’s Tourism Minister Sushanta Chowdhury met Ganguly at his residence in Kolkata along with state officials, and discussed the proposal.

Ganguly’s participation in the campaigns will give impetus to the tourism sector of Tripura.

Tripura is the 3rd smallest state in India known for its diverse culture, archaeology, handicrafts, and music.

About Sourav Ganguly :

Sourav Ganguly was born on 8 July 1972 in Kolkata, West Bengal.

He is an Indian cricket commentator and former cricketer.

He is popularly called as Maharaja of Indian Cricket.

From 2019 to 2022 he served as the 35th President of the Board of Control for Cricket in India.

Ganguly was in charge of the Delhi Capitals as the Director of Cricket in the IPL 2023.


17) Answer: D

Life Insurance Corporation of India (LIC) has raised its stake in state-owned steel production firm Steel Authority of India Limited (SAIL) by about 2% through an open market acquisition.

LIC bought 8.26 crore shares or 2.001% of equity capital at an average price of Rs 66.18 per unit.

Following this, LIC’s holding in SAIL increased from 6.68% to 8.68%.

LIC bought the additional shares between October 14, 2022 and June 8, 2023 for about Rs 547 crore.


18) Answer: C

In Tennis, Serbian Novak Djokovic created history by becoming the first man to reach the coveted 23 grand slam title mark with his straight sets win over Casper Ruud in the men’s singles final of the French Open 2023 in Paris.

This was the Serb’s 3rd title on Parisian clay as he goes past rival Rafael Nadal as the man with the most number of major honours in the history of the game.

The world no.3 ranked Serb breezed past his opponent 7-6, 6-3, 7-5 to claim his third French Open title and 23rd grand slam title overall.

With this victory, the three-time French Open winner will reclaim the No. 1 spot from Carlos Alcaraz in the ATP Rankings.

He surpassed Rafael Nadal as the oldest Roland Garros champion at the age of 36 years and 20 days and with this victory, he became the first man to win all four Grand Slam events at least three times.


19) Answer: D

In Hockey, India beat Argentina 2-1 in its final FIH Pro League 2022-23 match in Eindhoven, the Netherlands.

 Akashdeep Singh and Sukhjeet Singh scored goals for India while Lucas Toscani netted the only goal for Argentina.

With this victory, India consolidated their position atop the FIH Pro League standings with 30 points from 16 matches.

Argentina are fifth with 13 points from 14 matches.

India now holds a four-point advantage over second-placed Great Britain in the FIH Pro League 2022-23 standings but the European team has four games to go.

The Indian men’s hockey team finished in fourth place in their debut FIH Pro League campaign back in 2020-21.

Their best finish in the competition, third, came in the 2021-22 season.


20) Answer: C

India defeated four-time champions South Korea 2-1 to win their first Women’s Junior Hockey Asia Cup in Kakamigahara, Japan.

After a scoreless first quarter, India got things moving with Annu’s penalty corner goal in the 22nd minute.

South Korea equalised three minutes later, with Park Seo Yeon scoring.

In the 41st minute, however, Neelum shot strongly to the bottom right of the South Korean custodian to make it 2-1.

To secure the deal, the Indian defence held on to a slim lead in the third quarter.


21) Answer: C

Malayalam actor and mimicry artist Kollam Sudhi passed away at the age of 39 in Kerala.

About Kollam Sudhi :

Sudhidas was born on 01st January 1984 in Kollam, Kerala, India.

He was an Indian comedian, actor, and impressionist who worked in Malayalam television, stage, and cinema.

He starred in more than 40 Malayalam films.

He is best known for being a regular cast member of the comedy show Star Magic on Flowers.

He made his film debut in the 2015 movie “Kanthari”.

His most notable roles were in Kattappanayile Rithwik Roshan and Kuttanadan Marpappa.


22) Answer: D

International Albinism Awareness Day is observed on June 13 each year around the globe

On December 18, 2014, the General Assembly passed a resolution designating June 13, 2015, as International Albinism Awareness Day.

On March 26, 2015, the Council established the position of Independent Expert on the enjoyment of human rights by persons with albinism in response to a call from civil society organizations that argued that people with albinism should be treated as a distinct group with unique needs that call for special attention.


23) Answer: B

The second summit of the Supreme Audit Institutions (SAIs) of the G20 countries will begin in Panaji, the Capital of Goa.

The Comptroller and Auditor General (CAG) of India, Girish Chandra Murmu will deliver the inaugural address at the summit this morning.

Later, he will lead the deliberations on the two priority areas  – Blue Economy and Responsible Artificial Intelligence.

Governor of Goa, P. S. Sreedharan Pillai, and India’s G20 Sherpa, Amitabh Kant will also address the meeting.

AIR correspondent reports, the three-day summit will see the participation of the Supreme Audit Institutions (SAIs) of Australia, Brazil, Indonesia, South Korea, Russia, Saudi Arabia, Türkiye, Bangladesh, Egypt, Mauritius, Nigeria, Oman, Spain, the UAE, Morocco, and Poland.

Over 80 national and international delegates, Think20, and Youth20 Engagement Groups will also attend the meeting.

The CAG of India is expected to highlight the crucial role the SAIs can play in the audit of the Blue Economy and Responsible Artificial Intelligence (AI) to ensure good governance, transparency, and accountability, and to optimise their positive impact on humankind.

Blue Economy focuses on conserving and using oceans, seas, and marine resources for sustainable development.

The AI enables the detection of fraud, automates redundant auditing, and identifies high-risk transactions.


24) Answer: E

ESAF Small Finance Bank :

Founded : 10 March 2017

Headquarters : Thrissur, Kerala

MD & CEO : K. Paul Thomas

Tagline : Joy of Banking


25) Answer: B

Life Insurance Corporation of India (LIC):

Established : 1 September 1956

Headquarters : Mumbai, Maharashtra, India

Chairman : Siddharth Mohanty

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