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    Question

    When was the Life Insurance Corporation Act, 1956

    enacted?┬а
    A 1st January 1956 Correct Answer Incorrect Answer
    B 19th June 1956 Correct Answer Incorrect Answer
    C 26th July 1956 Correct Answer Incorrect Answer
    D 1st September 1956 Correct Answer Incorrect Answer
    E 15th August 1956 Correct Answer Incorrect Answer

    Solution

    ┬аExplanation: The LIC Act was enacted on 19th June 1956 to nationalize life insurance in India.

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