International Journal of Applied Research
Vol. 6, Issue 12, Part F (2020)
Globalization of Indian economy: A critical study on the performance of LIC in India
A very much created insurance industry is basic for financial advancement as it gives long haul assets to foundation improvement simultaneously reinforcing the danger taking capacity of the nation. The danger assimilation part of back up plans advances monetary strength in the monetary business sectors and gives a "feeling of harmony" to financial elements. The business world without protection is impractical since dangerous business might not have the ability to hold a wide range of dangers in this steadily changing and dubious worldwide economy.
In this paper an endeavour is made to examine the monetary execution and speculation execution of LIC during the globalization period. To analyze monetary execution pay, outgo and their sub-parts are picked. All things considered area savvy, instrument-wise and furthermore their subcomponents are taken. The examination uncovered that, among the private area life safety net providers, the normal net premium throughout the previous long term was discovered the most noteworthy if there should be an occurrence of ICICI prudential observed by HDFC Standard and SBI Life though the least premium was prepared by IDBI Federal followed, in potential gain, by Exide life.
How to cite this article:
Dr. Abhishek Kumar Singh. Globalization of Indian economy: A critical study on the performance of LIC in India. Int J Appl Res 2020;6(12):352-356.