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Banking General Awareness Reserve Bank of India Question Bank Previous Years Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    What is the full form of 'ULIP', the term which was in the news recently?        [Syndicate 2010]

    A)  Universal Life & Investment Plan

    B)  Unit Loan & Insurance Plan

    C)  Universal Loan & Investment Plan

    D)  Uniformly Loaded Investment Plan

    E)  Unit Linked Insurance Plan

    Correct Answer: E

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