Subject: Static GK (General Knowledge)
Book: Indian Money Knowledge
ULIPs combine insurance coverage with equity or debt investments. A portion of the premium goes toward life insurance, while the rest invests in market-linked funds. While offering tax advantages under Section 80C, ULIPs carry market risk. Insurance charges and fund management fees can affect returns. Students or young professionals seeking dual benefits of insurance and investment may explore ULIPs, but comparing them against term insurance plus separate mutual funds is vital for clarity on cost-effectiveness.
Who is the Greek god of the sea?
View QuestionWhich planet is the hottest in our solar system?
View QuestionWho discovered the ancient library of Ashurbanipal?
View QuestionWho discovered somatic cell nuclear transfer?
View QuestionWho discovered DNA fingerprinting?
View QuestionWhich city is known as the Big Apple?
View QuestionWhich kingdom in biology includes multicellular eukaryotes that ingest food and lack cell walls?
View QuestionWhich American inventor created the phonograph in 1877?
View QuestionWho discovered the measurement of Earth's circumference?
View QuestionWho was the first woman to receive the Bharat Ratna Award?
View Question