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LIC Investments Independent of DFS and NITI Aayog, Govt Says

27 October 20251 min read
BANKING & FINANCELIC InvestmentsIndependent ofDFS and NITIAayog, Govt Says27 October 2025safalsetu.com

Why in the news

The Finance Ministry’s DFS and NITI Aayog said LIC invests independently.

Key facts

  • Investments follow board-approved internal guidelines, not any directive from DFS or NITI Aayog.
  • Strategy rests on market outlook, asset-liability management and policyholder returns.
  • As a listed entity LIC is overseen by SEBI (equity holdings) and IRDAI (insurance compliance).

About LIC

ItemDetail
Founded1956, nationalisation
HeadquartersMumbai
Listing2022, BSE and NSE
StandingLargest institutional investor

Exam angle

  • Ministry: Department of Financial Services.
  • Know LIC headquarters.

Test yourself

1. Which two bodies said they have no role in LIC's investment decisions?

DFS and NITI Aayog clarified they do not influence LIC's investments.

2. In which year was LIC listed on BSE and NSE, according to the clarification coverage?

LIC was listed in 2022.

3. Which regulator oversees LIC's equity holdings as a listed entity?

SEBI oversees equity holdings, while IRDAI covers insurance sector compliance.

This topic is part of Daily Current Affairs 26 & 27 October 2025 (18 topics).

All topics of the dayDay quizOctober 2025

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