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 âProtection + Savingsâ 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 insuredâs/policyholdersâ choice (that is based on equity or debt or both just like in a mutual fund) and matches with individual long-term goals.
The revenue recognition principle dictates that all types of incomes should be recorded or recognized when
According to the India State Forest Report 2021, which state has shown the highest increase in forest cover?
Which of the following is produced when hydrochloric acid reacts with water?
The property/properties that must be possessed by a material to be chosen for making heating element of heating devices are:
(i) high melting poi...
What is the result when the smallest fraction is subtracted from the largest fraction among the given values: 3/4, 9/2, 5/6, 2/3, and 4/5?
Which of the following is/are incorrect in regards to Veer Bal Diwas?
1.It was celebrated in 2021 for the 1st time.
2.It will be celebrate...
When did the LPG reform Budget was introduced in 1991?
Which creates an opportunity for the producers to reach beyond the domestic markets?
1st ASEAN-India Start-up Festival 2022 was held at ______________ .
Study the diagram and answer the question that follows.
A = Academicians, E = Teachers, D = Women, B = Men, and C = Doctors. The numbers inside t...
