LIC is subject to parliament control over its authority to use its own revenue.

True

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False

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Solution

The correct option is B
False

False. LIC has the sole authority to use its revenue as it deems fit.

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LIC is subject to parliament control over its authority to use its own revenue.

The correct option is B False False. LIC has the sole authority to use its revenue as it deems fit.

The correct option is B
False

False. LIC has the sole authority to use its revenue as it deems fit.