Question

    As of 2024, how many new policies were issued by LIC in

    August, even though there was a significant rise in its new business premium (NBP)?
    A 10.12 lakh Correct Answer Incorrect Answer
    B 8.43 lakh Correct Answer Incorrect Answer
    C 11.25 lakh Correct Answer Incorrect Answer
    D 9.78 lakh Correct Answer Incorrect Answer
    E 7.34 lakh Correct Answer Incorrect Answer

    Solution

    LIC issued 7.34 lakh policies in August 2024, reflecting a decline in the number of policies issued despite the 35.10% rise in NBP.

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