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    Question

    What significant change did LIC make in its framework,

    as per the Life Insurance Corporation of India (shareholders' director) Regulations, 2023?
    A Increased government stake Correct Answer Incorrect Answer
    B Inclusion of independent directors Correct Answer Incorrect Answer
    C Allowing induction of shareholders' directors on its board Correct Answer Incorrect Answer
    D Extension of the Chairman's term Correct Answer Incorrect Answer
    E Removal of government nominee Director MP Tangirala Correct Answer Incorrect Answer

    Solution

    The Life Insurance Corporation of India (shareholders' director) Regulations, 2023, allows the induction of shareholders' directors on the LIC board, as mentioned in the provided information.

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