Question

__________  is going to set up a branch office in the International Financial Services Centre, GIFT City, Gandhinagar, Gujarat that will enable the company to expand its global business.

A United India Insurance Correct Answer Incorrect Answer
B Life Insurance Corporation Correct Answer Incorrect Answer
C New India Assurance Correct Answer Incorrect Answer
D SBI Life Insurance Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Life Insurance Corporation of India (LIC) is going to set up a branch office in the International Financial Services Centre, GIFT City, Gandhinagar, Gujarat. LIC’s presence in the Gujarat International Finance Tec (GIFT) City-International Financial Services Centre (IFSC) will enable the company to expand its global business.

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