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India was the first one to launch it in the year 1971 by Unit Trust of India. ULIPs are a type of ‘Protection + Savings’ plans. It is a combination of insurance (life insurance) and investment. Here wealth creation is the goal along with life cover where the insurance company puts a portion of investment towards life insurance and rest into a fund of the insured’s/policyholders’ choice (that is based on equity or debt or both just like in a mutual fund) and matches with individual long-term goals.
What is the maturity period of the bond scheduled to be auctioned for Rs 10,000 crore in the week of October 30 - November 3, 2023?
To promote shipment of nutri-cereals, Ministry of Commerce and Industry and which of the following agricultural export promotion body has prepared a com...
__________ was crowned the winner of the 11th Junior National Men's Hockey Championship following a 3-1 victory over Chandigarh in the final.
PepsiCo India will set up a new manufacturing plant in which state with an investment of Rs 778 crore that will be operational in 2025 and provide e...
Who is the author of the book "Liliana’s Invincible Summer," which won the Pulitzer Prize for Memoir and Autobiography in 2024?
What is the estimated fiscal deficit for the financial year 2023-24?
Veteran documentarian Julia Reichert won an Oscar in which year for her feature film 'American Factory ’ ?
Air India is establishing South Asia’s largest flight training school. Where will this training school be located?
What is the monthly honorarium for senior artists with an annual income below ₹1.8 lakh under Haryana’s new scheme?