(1907 indian Mercantile. Other such companies are ITC, Power Grid Corp, ntpc, Siemens, Bharti Airtel and Hero MotoCorp. This is partly due to the continuous pressure for investing new funds and partly due to the disincentive of the capital gains tax. In 1994-95, it had invested more than. But, for the same reason, it does not usually sell shares from its holdings even when the market has overshot. LIC (Maturity Benefit) (Sum Assured) (Vested Simple Reversionary Bonus) (Final Additional Bonus). 4 5 6, the Life Insurance Corporation of India was founded in 1956 when the. In a great many individual companies its equity shareholding is sizeable, going up to 30 per cent.
The first 150 years were marked mostly by turbulent economic conditions. Insurance Why insurance is important hindi?, Insurance Know about insurance in hindi?! 3, as of 2013 it had total life fund of 1,433,103.14 crore and total number of policies sold coming in at 367.82 lakh that year (2012-13). LIC Varishtha Pension Bima Yojana In Hindi.
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The LIC is a heavy investor of funds in governments dated market securities. Founding organisations edit, the Oriental Life Insurance Company, the first company in India offering life insurance coverage, was established. 1,790 crore and kenan essay cellist of sarajevo 1,340 crore, respectively. 8, surendranath Tagore had founded Hindusthan Insurance Society, which later became Life Insurance Corporation. This entity has the aim of promoting education, alleviation of poverty, and providing better living conditions for the under privileged. The largest amount is invested in equity shares, followed by preference shares and then debentures. Each year, this award is given to the meritorious students in standard XII of school education or equivalent, who wish to continue their studies and have a parental income less than 100,000 (US1,400).
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