The gross investment of Life Insurance Corporation of India in different sectors is given in the…
The share is approximately 7.1%. The total investment is 458 + 107 + 183 + 454 + 110 + 227 = 1,539 crores, and 110/1,539 × 100 is approximately 7.15%.
Choose your answer
The gross investment of Life Insurance Corporation of India in different sectors is given in the following table.
| S.No. | Investment Sector | Amount. (crores) |
| 1 | Socially oriented sector ( Plan) | 458 |
| 2 | Socially oriented sector (Non plan) | 107 |
| 3 | Private sector | 183 |
| 5 | Central Govt. Securities | 454 |
| 6 | State Govt. Sector | 110 |
| 7 | Securities Guaranteed by Govt | 227 |
The percentage of gross investment in state government securities nearly __________
Answer and explanation
Correct answer C
The share is approximately 7.1%. The total investment is 458 + 107 + 183 + 454 + 110 + 227 = 1,539 crores, and 110/1,539 × 100 is approximately 7.15%.
Practice for these exams
-
UGC NET Law
Subject revision
See pack details on LawMint.net -
Telangana SET (TG SET)