Economics · Banking and Insurance
Arrange the following historic economic/insurance milestones in India in correct chronological order of their occurrence (from earliest to latest): (A) Establishment of the Life Insurance Corporation of India (LIC) (B) Establishment of the Insurance Regulatory and Development Authority (IRDA) (C) Enactment of The Insurance Act (D) Permitting Foreign Direct Investment (FDI) in the Insurance Sector Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(C), (B), (D), (A)
- 2(D), (A), (B), (C)
- 3(C), (A), (B), (D)✓
- 4(A), (B), (C), (D)
Correct answer
(C), (A), (B), (D)
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