LIC to invest INR 1.5 lakh crore in Indian Railways

Q.  Which Insurance company will invest 1.50 lakh crore in Railways over 5 years?
- Published on 27 Aug 15

a. Oriental Insurance Company
b. Life Insurance Corporation
c. National Assurance Company
d. Bajaj Allianz

ANSWER: Life Insurance Corporation
 
Life Insurance Corporation has agreed to provide funds to the tune of Rs 1.50 lakh crore to Railways for five years for infrastructure development.

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