Question

What is the trend in the purchase of life cover and ULIPs?

a.

People are buying more life cover and less ULIPs.

b.

People have increased the purchase of life cover and ULIPs equally.

c.

People have reduced the purchase of life cover but are buying more ULIPs.

d.

People are not buying either life cover or ULIPs.

Posted under IC 89 Management Accounting

Answer: (c).People have reduced the purchase of life cover but are buying more ULIPs. Explanation:People have reduced the purchase of life cover but are buying more and more ULIPs.

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Q. What is the trend in the purchase of life cover and ULIPs?
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