minimum policy business for LIC agent in a year

[Expert]

2. how much should be the first year premium of newly insured lives

I am not 100% sure but it's roughly Rs. 1,50,000/- premium per year.

3. what if i do get required lives but not the target premium

thanks!

If you meet ONE of the target from the above then your agency would not be terminated.
If you won't meet ANY of the above criteria then your agency would be terminated.