Question
The first unit-linked insurance plan (ULIP) was launched
by which of these countries?Solution
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.
PM Garib Kalyan Anna Yojana is an initiative by the government of India to offer free food grains to migrants and the underprivileged.What is the tenur...
Which of the following statement is not true about the scheme mentioned in the passage?
I. It aims to develop infrastructure in 500 cities
Which of the following is a potential benefit of the Health Facility Registry under the ABDM?
Fill in the blanks with the correct sequence based on PM-KISAN:
PM-KISAN is a Central Sector Scheme launched on (1) ________, providing (2) ₹__...
Pradhan Mantri Matru Vandana Yojana (PMMVY) is a maternity benefit programme being implemented in all districts of the country with effect from 1st Janu...
Under the Rural Self Employment Training Institute (RSETI) programme, free short-term skill training is provided to rural unemployed youth belonging to ...
Which of the following selects Audit Committee under MGNREGA?
______________ are set up, owned and operated by non-bank entities.
Under the Digital India Land Records Modernization Programme (DILRMP), states and districts achieving 99 percent or more performance in the Management I...
Which of the following is/are the correct conditions for receiving Second Instalment under the Pradhan Mantri Matru Vandana Yojana (PMMVY)?
I-...
