Question
Which of the following statements about Unit-Linked
Insurance Plans (ULIPs) is/are correct? 1) ULIPs are a type of life insurance plan that combine insurance coverage and investment. 2) ULIPs offer the flexibility to invest in various asset classes such as equities, bonds, and money market instruments. 3) The returns on the investment are decided irrespective of the performance of the chosen asset classes.Solution
Unit-Linked Insurance Plans (ULIPs) are a type of life insurance plan that combine insurance coverage and investment. ULIPs offer the flexibility to invest in various asset classes such as equities, bonds, and money market instruments. The premiums paid towards ULIPs are split between the insurance coverage and investment in the chosen asset classes. The returns on the investment are linked to the performance of the chosen asset classes. Hence, both statements are correct.
Which mode of reproduction involves the formation of plants without the fusion of male and female gametes?
Which hormone is primarily responsible for inducing the oestrus or heat period in female animals, a phase of their reproductive cycle characterized by r...
Who gave the term “Heterosis” in 1914?
What term is used to describe the phenomenon when a gene influences two or more characters that are not related?
Which method is primarily used for genetic improvement in highly heterozygous, asexually propagated species like sugarcane and potato?
Self pollination leads to a very rapid increase in ……………………….
Flowers do not open at all which ensures complete self pollination in
What term is used to describe a new plant produced through vegetative reproduction?
Principle hydrogen producing bacteria is
Which among the following factors is/are not essential for commercial exploitation of heterosis?
