[amp_mcq option1=”1948″ option2=”1956″ option3=”1964″ option4=”1972″ correct=”option1″]
The correct answer is A. 1956.
LIC was established on September 1, 1956, by the Life Insurance Corporation Act, 1956. It is a government-owned insurance company in India. It is the largest life insurance company in the world by premium income.
Option B is incorrect because LIC was not established in 1956.
Option C is incorrect because LIC was not established in 1964.
Option D is incorrect because LIC was not established in 1972.