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This question belongs to Commerce Insurance

Insurance

?

State which of the following is an accumulation product.

A) Bank Deposits B) Non life Insurance policy C) Life Insurance D) Shares

Answer & Solution

Correct Answer: Option D

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.

Question posted by Examveda

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