Business Studies, asked by saishaavp, 6 months ago

2. Explain function of LIC and it's structure.

Answers

Answered by Anonymous

9

Answer:

Its main function is to gather money from the people and invest it into the different securities and financial markets in India and abroad. As a rule, LIC is required to invest at least 75% of the funds in Central and State Government securities. Thus LIC is the largest investment institution in India as on date.

Explanation:

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