1.

Consider the following statements. Which of these are incorrect?A. LIC came into existence in the year 1956.B. The LIC and GIC are the umbrella corporations with their four subsidiaries, viz, Oriental Insurance Company Limited, New India Assurance Company Limited, National Insurance Company Limited and United India Insurance Company Limited.C. LIC is the first Indian insurance company.

A. Only A
B. Only B
C. Both A and B
D. Both A and C
E. Both B and C
Answer» F.


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