Who is the new Managing Director of LIC?

Mini Ipe
Mini Ipe has taken charge as Managing Director of Life Insurance Corporation of India. She was named by the Centre on July 5 this year. Ipe was previously Executive Director of LIC’s Legal Department. A postgraduate in Commerce from Andhra University, Ipe had joined LIC in 1986 as a direct recruit officer.

Who is present chairman of LIC?

Shri M.R.Kumar
Shri M.R. Kumar, took charge as Chairman, LIC of India on 14th March, 2019. He joined LIC of India in 1983 as a Direct Recruit Officer.

How many MDs are there in LIC?

four MDs
LIC has four MDs and one chairman. Currently, MR Kumar is serving as the chairman of the corporation and TC Suseel Kumar, Vipin Anand, Mukesh Kumar Gupta, and Raj Kumar are serving as the MDs of LIC.

Is LIC government or private?

Life Insurance Corporation of India (abbreviated as LIC) is an Indian statutory insurance and investment corporation….Life Insurance Corporation.

Yogakshemam Vahamyaham
Type Statutory Corporation established by an Act of Parliament- LIC Act 1956
Owner Government of India (100%)

Who is CMD TCIL?

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Sanjeev Kumar as the new Chairman & Managing Director (CMD) of Telecommunications Consultants India Limited (TCIL).

Who started LIC of India?

Government of India
Life Insurance Corporation/Founders

What is the tagline of LIC?

Slogan. LIC’s slogan योगक्षेमम् वहाम्यहम (yogakshemam vahamyaham) is in Sanskrit which loosely translates into English as “Your welfare is our responsibility”.

Who is the highest paid LIC agent?

Parekh, who missed out on watching matinee shows and playing cricket during his youth, is now a millionaire who can afford most luxuries of life. As an agent, his annual income is over Rs 4 crore, around five times more than the Rs 87 lakhs that LIC chairman DK Mehrotra took home last year.

Which is better LIC or FD?

Fixed deposits are best for both short and medium term investments whereas life insurance plans are designed for long term investments. You can invest for a period of as low as 7 days in fixed deposits unlike a life insurance plan wherein you need to invest for at least 10 years. You can invest a minimum amount of Rs.