Question

What change has the government approved regarding LIC's investment cap?

a.

The investment cap remains unchanged at 20%.

b.

LIC can now invest up to 30% of the capital in a single company.

c.

LIC's investment cap is reduced to 15%.

d.

LIC's investment cap is increased to 25%.

Answer: (d).LIC's investment cap is increased to 25%. Explanation:The government of India has given approval for LIC to increase its investment in companies up to 25% of the capital from the current 20% under special circumstances.

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Q. What change has the government approved regarding LIC's investment cap?

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