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Examveda

State which of the following is an accumulation product.

A. Bank Deposits

B. Non life Insurance policy

C. Life Insurance

D. Shares

Answer: Option D

Solution(By Examveda Team)

Shares is an accumulation product. Accumulating shares is a classification of common stock given to shareholders of a company in lieu of or in addition to a dividend.

This Question Belongs to Commerce >> Insurance

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