Question
What is the total dividend paid by LIC to the Government
of India for the financial year 2023-24?Solution
With the ₹2441.45 crore interim dividend paid on March 1, the total dividend paid by the State-owned insurer to GOI for 2023-24 is ₹6,103.62 cr. The Life Insurance Corporation of India (LIC) paid a dividend of ₹3,662.17 crore to the government.
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