B Com Exam  >  B Com Questions  >  How does LIC function as a term financing ins... Start Learning for Free
How does LIC function as a term financing institution?
  • a)
    By providing loans and advances to individuals
  • b)
    By investing in government securities
  • c)
    By underwriting new issues in the market
  • d)
    By providing capital market services
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
How does LIC function as a term financing institution?a)By providing l...
LIC functions as a term financing institution by investing its funds in government securities. It is required to invest at least 50% of its accruals in the form of premium income in government and other approved securities.
Explore Courses for B Com exam
How does LIC function as a term financing institution?a)By providing loans and advances to individualsb)By investing in government securitiesc)By underwriting new issues in the marketd)By providing capital market servicesCorrect answer is option 'B'. Can you explain this answer?
Question Description
How does LIC function as a term financing institution?a)By providing loans and advances to individualsb)By investing in government securitiesc)By underwriting new issues in the marketd)By providing capital market servicesCorrect answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about How does LIC function as a term financing institution?a)By providing loans and advances to individualsb)By investing in government securitiesc)By underwriting new issues in the marketd)By providing capital market servicesCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How does LIC function as a term financing institution?a)By providing loans and advances to individualsb)By investing in government securitiesc)By underwriting new issues in the marketd)By providing capital market servicesCorrect answer is option 'B'. Can you explain this answer?.
Solutions for How does LIC function as a term financing institution?a)By providing loans and advances to individualsb)By investing in government securitiesc)By underwriting new issues in the marketd)By providing capital market servicesCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of How does LIC function as a term financing institution?a)By providing loans and advances to individualsb)By investing in government securitiesc)By underwriting new issues in the marketd)By providing capital market servicesCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of How does LIC function as a term financing institution?a)By providing loans and advances to individualsb)By investing in government securitiesc)By underwriting new issues in the marketd)By providing capital market servicesCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for How does LIC function as a term financing institution?a)By providing loans and advances to individualsb)By investing in government securitiesc)By underwriting new issues in the marketd)By providing capital market servicesCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of How does LIC function as a term financing institution?a)By providing loans and advances to individualsb)By investing in government securitiesc)By underwriting new issues in the marketd)By providing capital market servicesCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice How does LIC function as a term financing institution?a)By providing loans and advances to individualsb)By investing in government securitiesc)By underwriting new issues in the marketd)By providing capital market servicesCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev