Social Sciences, asked by vanita6920, 11 months ago

Before nationalisation insurance sector companies in india

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Answered by Anonymous
1

Hey Mate Here Is Ur Answer

An Ordinance issued on 19th January 1956 nationalised the Life Insurance sector and Life Insurance Corporation of India (LIC) came into existence in the same year. The LIC absorbed 154 Indian, 16 non-Indian insurers as also 75 provident societies.

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Answered by Anonymous
3

Answer:

Explanation:

An Ordinance issued on 19th January 1956 nationalised the Life Insurance sector and Life Insurance Corporation of India (LIC) came into existence in the same year. The LIC absorbed 154 Indian, 16 non-Indian insurers as also 75 provident societies.

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