Write a short note on: L.I.C.

CBSE 2026Set ANNUAL2 marks

Q. Write a short note on: Infrastructure

›Reveal solution

Infrastructure is the set of basic facilities — economic (transport, power, communication, irrigation, banking) and social (education, health, housing) — that support all economic activity and are essential for development.

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CBSE 2020Set ANNUAL2 marks

Q. Write a short note on: L.I.C.

›Reveal solution

LIC is India's largest public-sector life insurer, established in 1956, which provides life cover and channels people's savings into long-term investment.

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CBSE 2020Set ANNUAL2 marks

Q. Write a short note on: R.B.I.

›Reveal solution

The RBI, set up in 1935, is India's central bank. It issues currency, regulates banks, controls credit and money supply and manages monetary policy and foreign exchange.

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Q.Write a short note on: L.I.C.

Concept understanding — Composition of the Services Sector

Q.Write a short note on: L.I.C.

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