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    Question

    What is LICтАЩs minimum authorized share capital as per

    the Act?┬а
    A Rs. 1,000 crore Correct Answer Incorrect Answer
    B Rs. 10,000 crore Correct Answer Incorrect Answer
    C Rs. 25,000 crore Correct Answer Incorrect Answer
    D Rs. 50,000 crore Correct Answer Incorrect Answer
    E No minimum prescribed Correct Answer Incorrect Answer

    Solution

    Section 15 prescribes Rs. 25,000 crore authorized share capital [Section 15].

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