GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What does letter ‘U’ stand for in abbreviation ‘ULIP’?
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Unit
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Urban
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Unified
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Underwriting
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Explanation:
Detailed explanation-1: -ULIP means an opportunity to invest in various market-related securities such as equity, debt, and balanced funds to receive long-term investment returns. ULIP full form is Unit Linked Insurance Plans, which means your investments in funds are subject to market fluctuations.
Detailed explanation-2: -Home. Unauthorized Practice of Immigration Law (UPIL): A State-by-State Overview of Legal Mechanisms.
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