Multiple choice

National Insurance Company is a

  1. private sector

  2. public sector

  3. joint sector

  4. subsidiary of LIC

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

National Insurance Company Limited (NICL) is a state-owned general insurance company in India. It is under the ownership of the Ministry of Finance, Government of India. It is not a subsidiary of LIC, which focuses on life insurance.