Question

___________ is a type of life insurance policy designed to pay a lump sum on maturity or on death.

A Endowment Policy
B Lump Sum Policy
C Life Term Policy
D Long Term Policy
E None of the above
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)