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    Question

    Under the Act, LIC shall carry

    on: 
    A Life insurance business only Correct Answer Incorrect Answer
    B Life insurance and general insurance business Correct Answer Incorrect Answer
    C Life insurance and reinsurance business Correct Answer Incorrect Answer
    D Only group insurance business Correct Answer Incorrect Answer
    E Only agent services Correct Answer Incorrect Answer

    Solution

    Section 6 allows carrying on life insurance and related reinsurance business [Section 6].

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